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When a customer buys services on account, it should be recorded by the company a

ID: 2377655 • Letter: W

Question

When a customer buys services on account, it should be recorded by the company as: Answer a debit to Cash and a credit to Accounts Receivable. a debit to Accounts Receivable and a credit to Revenue. a debit to Services and a credit to Unearned Revenue. a debit to Cash and a credit to Accounts Payable. When a customer buys services on account, it should be recorded by the company as: When a customer buys services on account, it should be recorded by the company as: a debit to Cash and a credit to Accounts Receivable. a debit to Accounts Receivable and a credit to Revenue. a debit to Services and a credit to Unearned Revenue. a debit to Cash and a credit to Accounts Payable. a debit to Cash and a credit to Accounts Receivable. a debit to Accounts Receivable and a credit to Revenue. a debit to Services and a credit to Unearned Revenue. a debit to Cash and a credit to Accounts Payable.

Explanation / Answer

a debit to service and a credit to unearned revenue

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