Question: The Internal Service Fund billed the general fund for utilizing the services RO 50,000. Which one of the following journal entries records this transaction in

The Internal Service Fund billed the general fund for utilizing the services RO 50,000. Which one of the following journal entries records this transaction in the internal service fund?

Accounts receivable Account Dr. 50,000, Revenue from services Account Cr. 50,000

None of the options

Loan Account Dr. 50,000, Operating revenue Account Cr. 50,000

Expenditure for services Account Dr. 50,000, Accounts payable Account Cr. 50,000

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