Which of the following journal entries would be recorded if a business performs services and receives cash of $900 from the customer? OA. Accounts Receivable Service Revenue OB. Service Revenue Accounts Receivable OC. Cash Service Revenue OD. Service Revenue Cash 900 900 900 900 900 900 900 900

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter10: Accounting For Sales And Cash Receipts
Section: Chapter Questions
Problem 3CE
icon
Related questions
Question

Subject: acounting 

Which of the following journal entries would be recorded if a business performs services and receives cash of $900 from the customer?
OA. Accounts Receivable
Service Revenue
OB. Service Revenue
Accounts Receivable
OC. Cash
Service Revenue
OD. Service Revenue
Cash
900
900
900
900
900
900
900
900
Transcribed Image Text:Which of the following journal entries would be recorded if a business performs services and receives cash of $900 from the customer? OA. Accounts Receivable Service Revenue OB. Service Revenue Accounts Receivable OC. Cash Service Revenue OD. Service Revenue Cash 900 900 900 900 900 900 900 900
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Double entry bookkeeping system
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
Accounting
ISBN:
9781337794756
Author:
HEINTZ, James A.
Publisher:
Cengage Learning,
Principles of Accounting Volume 1
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
Century 21 Accounting General Journal
Century 21 Accounting General Journal
Accounting
ISBN:
9781337680059
Author:
Gilbertson
Publisher:
Cengage
Financial Accounting
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Financial Accounting
Financial Accounting
Accounting
ISBN:
9781337272124
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage