The Journal Entry to Record the Receivable from Performing a Service

question 138

Multiple Choice

The journal entry to record the receivable from performing a service on account is:

• A)debit notes receivable, credit service revenue.
• B)debit notes receivable, credit cash.
• C)debit service revenue, credit accounts receivable.
• D)debit accounts receivable, credit service revenue.

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Definitions:

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