Answered

Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

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 :

abiolataiwo2015

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

We appreciate your time. Please come back anytime for the latest information and answers to your questions. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.