Identify the Journal Entry Required to Correctly Record the Following

question 64

Multiple Choice

Identify the journal entry required to correctly record the following transaction. Received cash from customer.

• A) Dr Accounts receivable
• Cr Cash
• B) Dr Cash
• Cr Accounts payable
• C) Dr Cash
• Cr Accounts receivable
• D) Dr Cash
• Cr Share capital

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Definitions:

Scientific Study

An investigation and systematic exploration based on empirical evidence and the scientific method to acquire or refine knowledge.

Computed Tomography

A radiographic examination that produces a three-dimensional, cross-sectional view of an area of the body; may be performed with or without a contrast medium.

Contrast Medium

A substance used in medical imaging to improve the contrast of structures or fluids within the body, assisting in the diagnosis of medical conditions.

Diagnostic Test

Medical tests conducted to identify disease or conditions in patients, aiding in diagnosis and treatment planning.