10. A law firm collected $1,800 on account for work performed in the previous month. Which...
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10. A law firm collected $1,800 on account for work performed in the previous month. Which of the following general journal entries will the firm make to record this collection of cash? A. Debit Accounts Receivable, $1,800; credit Unearned Legal Fees Revenue, $1,800. B. Debit Cash, $1,800; credit Unearned Legal Fees Revenue, $1,800. C. Debit Cash, $1,800; credit Accounts Receivable, $1,800. D. Debit Accounts Receivable, $1,800; credit Legal Fees Revenue, $1,800. 10. A law firm collected $1,800 on account for work performed in the previous month. Which of the following general journal entries will the firm make to record this collection of cash? A. Debit Accounts Receivable, $1,800; credit Unearned Legal Fees Revenue, $1,800. B. Debit Cash, $1,800; credit Unearned Legal Fees Revenue, $1,800. C. Debit Cash, $1,800; credit Accounts Receivable, $1,800. D. Debit Accounts Receivable, $1,800; credit Legal Fees Revenue, $1,800.
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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