The entry to record the receipt of RM800 on account for services previously rendered would be: Dr. Cash RM800 & Cr. Account payable RM800 Dr. Service revenue RM800 & Cr. Account receivable RM800 Dr. Cash RM800 & Cr. Account receivable RM800 Dr. Account receivable RM800 & Cr. Service revenue RM800
The entry to record the receipt of RM800 on account for services previously rendered would be: Dr. Cash RM800 & Cr. Account payable RM800 Dr. Service revenue RM800 & Cr. Account receivable RM800 Dr. Cash RM800 & Cr. Account receivable RM800 Dr. Account receivable RM800 & Cr. Service revenue RM800
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 13EB: State whether the balance in each of the following accounts increases with a debit or a credit. A....
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The entry to record the receipt of RM800 on account for services previously rendered would be:
Dr. Cash RM800 & Cr. Account payable RM800
Dr. Service revenue RM800 & Cr.
Dr. Cash RM800 & Cr. Account receivable RM800
Dr. Account receivable RM800 & Cr. Service revenue RM800
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