The Entry to Record the Receipt of $650 on Account $\begin{array} { | c | r | r | } \hline \text { Accounts Receivable } & 650 & \\\hline \text { Service Revenue } & & 650 \\\hline\end{array}$

question 50

Multiple Choice

The entry to record the receipt of $650 on account for services previously rendered and billed would be:

• A) \(\begin{array} { | c | r | r | }
• \hline \text { Accounts Receivable } & 650 & \\
• \hline \text { Service Revenue } & & 650 \\
• \hline
• \end{array}\)
• B) \(\begin{array} { | c | r | r | }
• \hline \text { Service Revenue } & 650 & \\
• \hline \text { Accounts } & & \\
• \text { Receivable } & & 650 \\
• \hline
• \end{array}\)
• C) \(\begin{array} { | c | r | r | }
• \hline \text { Cash } & 650 & \\
• \hline \text { Accounts } & & \\
• \text { Receivable } & & 650 \\
• \hline
• \end{array}\)
• D) \(\begin{array} { | c | r | r | }
• \hline \text { Cash } & 650 & \\
• \hline \text { Accounts Payable } & & 650 \\
• \hline
• \end{array}\)

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Definitions:

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