Question: Identify the event recorded when a journal entry shows a debit to the Cash account of $300 and a credit to the Accounts Receivable account

Identify the event recorded when a journal entry shows a debit to the Cash account of $300 and a credit to the Accounts Receivable account of $300. Select a Choice Below current question choices OptionA Money has been received for a receivable from a sale. OptionB Money has been borrowed from a bank. OptionC Money has been paid on a liability. OptionD Money has been received from a purchase return

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