Joel Consulting Received $3,000 from a Customer for Services Provided

question 146

Multiple Choice

Joel Consulting received $3,000 from a customer for services provided.Joel's general journal entry to record this transaction will be:

• A)Debit Services Revenue,credit Accounts Receivable.
• B)Debit Cash,credit Accounts Payable.
• C)Debit Cash,credit Accounts Receivable.
• D)Debit Cash,credit Services Revenue.
• E)Debit Accounts Payable,credit Services Revenue.

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Definitions:

Potsdam

A city in Germany known for hosting the Potsdam Conference in 1945 where Allied leaders discussed post-World War II order.

Diplomatic Relations

The formal interactions between sovereign states conducted through diplomatic representatives, aiming to manage and improve mutual relations.

Berlin Airlift

A military operation in 1948-1949 where Allied forces supplied food, fuel, and essentials to West Berlin by air, circumventing a Soviet blockade during the Cold War.

German Population

Refers to individuals of German descent or nationality, including those living in Germany or part of the German diaspora worldwide.