A Business Maintains Subsidiary Accounts for Each of Its Customers $\begin{array}{lrr} \text { May 15 Accounts Receivable } &8100\\ \text { Service Revenue} &&8,100\\\end{array}$

question 61

Multiple Choice

A business maintains subsidiary accounts for each of its customers. On May 15, the business provides services on account: $1,900 to customer J. Anthony ; $4,900 to customer A. Martin; and $1,300 to customer S. Lee. Which journal entry is needed to record these transactions?

• A) \(\begin{array}{lrr}
• \text { May 15 Accounts Receivable } &8100\\
• \text { Service Revenue} &&8,100\\
• \end{array}\)
• B) \[\begin{array} { l l }
• \text { May } 15 \text { Accounts Receivable - J. Anthony } & 1,900 \\
• \text { Accounts Receivable - A. Martin } & 4,900 \\
• \text { Accounts Receivable - S. Lee } & 1,300 \\
• \text { Service Revenue } &&8,100
• \end{array}\]
• C) \(\begin{array}{lrr}
• \text { May 15 Service Revenue } &8100\\
• \text { Accounts Receivable} &&8,100\\
• \end{array}\)
• D) \(\begin{array}{lrr}
• \text { May 15 Accounts Receivable Control } &8,100\\
• \text { Sales Revenue } &&8,100\\
• \\
• \text { May } 15 \text { Accounts Receivable - J. Anthony }&1,900 \\
• \text { Accounts Receivable - A. Martin } &4,900\\
• \text { Accounts Receivable - S. Lee } &1,300\\
• \text { Accounts Receivable - Control }&&8,100
• \end{array}\)

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