10 Childers Service Company provides services to customers t
10. Childers Service Company provides services to customers totaling $2.200, for which t billed the customers How would the transaction be recorded? O Debit accounts receivable $2.200, credit cosh $2.200 O Debit service revenue $2.200, credit accounts recevable $2.200 O Debit cash $2.200, credit service revenue $2.200 O Debit accounts receivable $2.200, credit service revenue $2.200
Solution
Ans d Debit accounts receivable $2200 credit service revenue $2200 Explantion As service is provided on account, so no cash is received hence Accounts Receivable is debited and service revenue is credited by $2200, If any doubt please comment