What would be the appropriate entry for the following transaction?


MC Qu. 144 What would be the appropriate entry for the...
What would be the appropriate entry for the following transaction?
Bill Co. performed $5,200 in consulting services on account.
Credit to Cash, debit to Accounts Receivable.
Debit to Service Revenue, debit to Cash.
Debit to Accounts Receivable, credit to Cash.
Debit to Service Revenue, credit to Cash.
correctDebit to Accounts Receivable, credit to Service Revenue.

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