An attorney performs services of $1,100 for a client and receives $400 cash, with the remainder on account. The journal entry for this transaction would a. debit Cash, credit Service Revenue. b. debit Cash, credit Accounts Receivable, credit Service Revenue. c. debit Cash, debit Service Revenue, credit Accounts Receivable. d. debit Cash, debit Accounts Receivable, credit Service Revenue.

An attorney performs services of $1,100 for a client and receives $400 cash, with the remainder on account. The journal entry for this transaction would a. debit Cash, credit Service Revenue. b. debit Cash, credit Accounts Receivable, credit Service Revenue. c. debit Cash, debit Service Revenue, credit Accounts Receivable. d. debit Cash, debit Accounts Receivable, credit Service Revenue.

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Description: An attorney performs services of $1,100 for a client and receives $400 cash, with theremainder on account. The journal entry for this transaction woulda. debit Cash, credit Service Revenue.b. debit Cash, credit Accounts Receivable, credit Service Re

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

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