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Which of the Following Journal Entries Would Be Recorded If  Service revenue 400 Cash 400\begin{array} { | l | r | r | } \hline \text { Service revenue } & 400 & \\\hline \text { Cash } & & 400 \\\hline\end{array}

question 50

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Which of the following journal entries would be recorded if a business renders service and receives cash of $400 from the customer?


Definitions:

Organizations

Entities composed of individuals and structures that work together towards a collective goal or purpose.

Innovation

The process of creating new ideas, products, or methods, often leading to improvements or advancements in a field.

Status

The relative social, professional, or other standing of an individual, group, or institution, often determining the level of respect or authority they command.

Leaders

Individuals who guide, influence, or command a group, organization, or country towards achieving set goals.

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