A business renders services to a customer for OR16,000 on account. Which account is credited?Select onea. Accounts payableb. Cashc Accounts receivabled. service revenueCEA MYCeo o o o

Accounts receivable: It is a current asset of an organization. It is the amount due from customers…

Answered: A business renders services to a…

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 3.21C

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A business renders services to a customer for OR16,000 on account. Which account is credited? Select one: O a. Cash O b. Accounts payable O c. Accounts receivable O d. service revenue
Subject: acounting
Subject:
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A business renders services to a customer for OR16,000 on account. Which account is credited? Select one a. Accounts payable b. Cash c Accounts receivable d. service revenue CEA MYCe o o o o