Service revenue received in cash is journalized by:
A.debiting Accounts Payable and crediting Cash.
B.debiting cash and crediting accounts payable.
C.debiting cash and crediting service revenue.
D.debiting service revenue and crediting cash.
2007-02-26 09:58:48 · 3 answers · asked by Beth 3 in Education & Reference ➔ Homework Help
Hey jhon isnt your name spelled wrong? lmao Oh by the way I am well on my way to graduating.
2007-02-26 10:04:34 · update #1
C
All asset accounts are increased by debits
all revenue accounts are increased by credits
2007-02-26 10:02:47 · answer #1 · answered by BIGDAWG 4 · 1⤊ 0⤋
C. Debit cash and Credit service revenue
2007-02-26 10:04:11 · answer #2 · answered by Lee Edward 1 · 0⤊ 0⤋
Cheater...........
i hope you dont graduate.
2007-02-26 10:00:50 · answer #3 · answered by Anonymous · 0⤊ 0⤋