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A company immediately receiving $100 cash for providing a service would record the transaction by Crediting which account? Cash Service revenue Accounts payable Accounts receiva…

A company immediately receiving $100 cash for providing a service would record the transaction by Crediting which account? Cash Service revenue Accounts payable Accounts receiva…
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4 votes
A company immediately receiving $100 cash for providing a service would record the transaction by Crediting which account?

Cash
Service revenue
Accounts payable
Accounts receivable

User EvilTeach
by
8.1k points

1 Answer

4 votes

it should be the service revenue

User Yurii Bondarenko
by
8.8k points
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