Which of the Following Entries Records the Receipt of Cash

question 48

Multiple Choice

Which of the following entries records the receipt of cash from clients on account?

• A) Accounts Payable, debit; Fees Earned, credit
• B) Accounts Receivable, debit; Fees Earned, credit
• C) Accounts Receivable, debit; Cash, credit
• D) Cash, debit; Accounts Receivable, credit

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Definitions:

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Diabetes

A chronic condition characterized by high levels of sugar in the blood due to the body's inability to produce or properly use insulin.

Graves' Disease

An autoimmune disorder that results in the overproduction of thyroid hormones, leading to symptoms like anxiety, hand tremor, heat sensitivity, weight loss, and bulging eyes.

Weak Muscles

A condition characterized by the reduced strength in one or more muscles.