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childers service company provides services to customers totaling $3,000, for which it billed the customers. how would the transaction be recorded?multiple choice

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Childers service company provides services to customers totaling $3,000, for which it billed the customers. the transaction will be recorded as follows:

Accounts Receivable     Dr.  $3,000

To  Service Revenue A/c      $3,000

Accounts receivable or AR is the balance of money which is  due to any firm for goods and services  which have been delivered or used but not yet paid for by customers.

Accounts receivable are typically listed on the balance sheet as a current asset. AR is defined as any amount of money that is  owed by customers for purchases made on credit.

To know more about accounts receivable here:

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