What Would Be the Appropriate Entry for the Following Transaction

question 33

Multiple Choice

What would be the appropriate entry for the following transaction?
Bill Co.performed $5,200 in consulting services on account.

• A)Credit to Cash,debit to Accounts Receivable.
• B)Debit to Service Revenue,debit to Cash.
• C)Debit to Accounts Receivable,credit to Cash.
• D)Debit to Service Revenue,credit to Cash.
• E)Debit to Accounts Receivable,credit to Service Revenue.

---

Definitions:

Secondary

Pertaining to a second level or tier in importance, order, or rank.

Backup Close

A sales technique used as an alternative closing strategy if the primary sales pitch fails to persuade the customer.

Sales Negotiations

The process of discussing terms and conditions between a buyer and seller with the goal of reaching a mutually agreeable deal.

Real Objections

Actual concerns or questions raised by a customer that stand in the way of completing a sale.