Answered

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A customer purchased 15 hundred dollar of services on credit two months ago and has just paid the bill. the receipt of the payment from the customer is recorded as a:
a. debit to cash and a credit to inventory
b. debit to accounts receivable and a credit to retained earnings.
c. debit to cash and a credit to accounts receivable and
d. debit to expenses and a credit to revenue

Sagot :

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