Answered: Bright Wave Consulting provided… | bartleby

Century 21 Accounting General Journal

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter3: Journalizing Transactions

Section: Chapter Questions

Problem 3AP

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Financial Accounting Question please answer do fast

Bright Wave Consulting provided services worth $15,000
today and received only $5,000 in cash today. What will
be the correct journal entry?
a. Debit to accounts receivable of $5,000.
b. Credit to cash $5,000.
c. Credit to service revenue $10,000.
d. Debit to accounts receivable $10,000.

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