On may 1, a business provided legal services to a client and billed the client $ 4 comma 200$4,200. the client promised to pay the business in one month. which journal entry should the business record on may 1?
a. debit accounts receivable for $ 4 comma 200$4,200 and credit service revenue for $ 4 comma 200$4,200.
b. debit accounts payable for $ 4 comma 200$4,200 and credit service revenue for $ 4 comma 200$4,200.
c. debit cash for $ 4 comma 200$4,200 and credit retained earnings for $ 4 comma 200$4,200.
d. debit cash for $ 4 comma 200$4,200 and credit service revenue for $ 4 comma 200$4,200.
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On may 1, a business provided legal services to a client and billed the client $ 4 comma 200$4,200....
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