Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Russell Company collected cash of $780 immediately after providing consulting services to a client. Which of the following general journal entries will Russell Company make to record this transaction?

Sagot :

The general journal entries that Russell Company will make to record this transaction is: Debit Cash, $780; credit Accounts Receivable $780.

Journal entries:

Since the company receive cash of the amount of $780  after rendering service to their client. The appropriate journal entry to record the transaction is:

Russell Company journal entry

Debit Cash $780

Credit Accounts Receivable $780

(To record account receivable)

Inconclusion the general journal entries that Russell Company will make to record this transaction is: Debit Cash, $780; credit Accounts Receivable $780.

Learn more about journal entry here:https://brainly.com/question/10839436