A Business Maintains Subsidiary Accounts for Each of Its Customers

question 18

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?

---

Definitions:

Option Button

A control used in graphical user interfaces that allows the user to select one, and only one, choice from a predefined set of options.

Option Group

A group of related options displayed as checkboxes or radio buttons from which a user can make one or more selections in a user interface.

Combo Box

A GUI element that combines a drop-down list box and a text box, allowing users to select an item from a list or enter a new item.

List Box

A graphical user interface element that allows users to select one or more items from a list displayed within a box.