Question: What is the appropriate journal entry for default in payment? Question 4Answer a. Debit: Sales Revenue, Credit: Accounts Receivable b. Debit: Accounts Receivable, Credit: Sales

What is the appropriate journal entry for default in payment? Question 4Answer a. Debit: Sales Revenue, Credit: Accounts Receivable b. Debit: Accounts Receivable, Credit: Sales Revenue c. Debit: Accounts Receivable, Credit: Bad Debt Expense d. Debit: Bad Debt Expense, Credit: Accounts Receivable

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