Question: When a service company performs services for a customer on account for $7,000, the journal entry: *Answer (check the box to indicate the correct response)

When a service company performs services for a customer on account for $7,000, the journal entry: *Answer (check the box to indicate the correct response) A. Debits Accounts Payable for 7,000 and Credits Cash for 7,000 B. Debits Accounts Receivable for 7,000 and Credits Cash for 7,000 C. Debits Service Revenues for 7,000 and Credits Accounts Receivable for 7,000 D. Debits Accounts Receivable for 7,000 and Credits Service Revenue for 7,000

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