Sebastian Belle, CPA, Has Billed Clients for Services Performed

question 24

Multiple Choice

Sebastian Belle, CPA, has billed clients for services performed.He subsequently receives payments from his clients.What entry will Sebastian make upon receipt of the payments?

• A)Debit Unearned Service Revenue and credit Service Revenue
• B)Debit Cash and credit Accounts Receivable
• C)Debit Accounts Receivable and credit Service Revenue
• D)Debit Cash and credit Service Revenue

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Definitions:

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