Fred provided tax services to a client, and received payment at time of delivery. He deposited the payment in the bank. Which entry should he make? Debit Tax Revenues Earned; Credit Sales Debit Bank; Credit Accounts Receivable Debit Accounts Receivable; Credit Tax Revenues Earned Debit Bank; Credit Tax Revenues Earned

Answer rating: 100% (QA)

Fred should debit Bank and credit Tax Revenu... View the full answer