One of the customers of Slate Stairways, Inc. paid $300 on her outstanding bill of $900....
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One of the customers of Slate Stairways, Inc. paid $300 on her outstanding bill of $900. The journal entry that Slate Stairway would use to record the payment is: A. debit Accounts Receivable $600, credit Revenue $600 OB. debit Revenue $600, credit Accounts Receivable $600 C. debit Accounts Receivable $300, credit Cash $300 D. debit Cash $300, credit Accounts Receivable $300 One of the customers of Slate Stairways, Inc. paid $300 on her outstanding bill of $900. The journal entry that Slate Stairway would use to record the payment is: A. debit Accounts Receivable $600, credit Revenue $600 OB. debit Revenue $600, credit Accounts Receivable $600 C. debit Accounts Receivable $300, credit Cash $300 D. debit Cash $300, credit Accounts Receivable $300
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Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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