A company completed a consulting project for a client on account The client agreed to pay $400 the following month The journal entry to record the transactions is a Debit Credit Accounts Payable $400 Accounts Receivable $400 b Debit Credit Cash $400 Service Revenue $400 c Debit Credit Accounts Receivable $400 Service Revenue $400 d Debit Credit Accounts Receivable $400 Accounts Payable $400

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Question: A company completed a consulting project for a client on account. The client agreed to pay $400 the following month. The journal entry to record

A company completed a consulting project for a client on account. The client agreed to pay $400 the following month. The journal entry to record the transactions is

	Debit	Credit
Accounts Payable	$400
Accounts Receivable		$400

	Debit	Credit
Cash	$400
Service Revenue		$400

	Debit	Credit
Accounts Receivable	$400
Service Revenue		$400

	Debit	Credit
Accounts Receivable	$400
Accounts Payable		$400

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