A Service Company Receives a Check from a Customer as Partial

question 41

Multiple Choice

A service company receives a check from a customer as partial payment of his account balance.This transaction does not involve the sale of additional services.How should the entry be recorded?

• A)Debit Cash and credit Accounts Receivable.
• B)Debit Cash and credit Sales Revenue.
• C)Debit Accounts Receivable and credit Cash.
• D)Debit Cash and credit Deferred Revenue.

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Definitions:

United States

A country in North America consisting of 50 states and a federal district, known for its large size and diverse population.

Antipsychotic Drugs

Medications used to treat psychiatric conditions by altering brain chemistry to improve symptoms.

Antidepressant Drugs

Medications used to treat depression by altering chemicals in the brain that are involved in mood regulation.

Side Effects

Secondary, typically undesirable effects of a drug or medical treatment.