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27 June, 02:50

Childers Service Company provides services to customers totaling $2,600, for which it billed the customers. How would the transaction be recorded?

a. Debit service revenue $2,600, credit accounts receivable $2,600

b. Debit accounts receivable $2,600, credit cash $2,600

c. Debit cash $2,600, credit service revenue $2,600

d. Debit accounts receivable $2,600, credit service revenue $2,600

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  1. 27 June, 03:16
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    d. Debit accounts receivable $2,600, credit service revenue $2,600

    Explanation:

    As per the problem, the company has billed the customers for $2,600, but it hasn't received the cash from them.
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