Ignoring GST, Which of the Following Entries Correctly Records the Receipt

question 1

Multiple Choice

Ignoring GST, which of the following entries correctly records the receipt by Swift Garden Maintenance of $500 in cash for gardening services?

• A) DR Bank $500; CR Services $500
• B) DR Services $500; CR Bank $500
• C) DR Bank $500; CR Debtors $500
• D) DR Equity $500; CR Services $500

---

Definitions:

Embed The PDF

Incorporating a PDF document into another document or webpage so that it is fully displayed or accessible within the first document.

Screenshot Of The PDF

An image capture of the contents displayed on a PDF document's page.

Edit Data

The process of making changes to existing information in a database, document, or file.

Refresh Data

The process of updating the information displayed in an application or database by retrieving the most recent data available.