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Smart Services performed $6,000 of services. Their customer paid $1,000 of the amount right away but charged the remaining amount. To record this transaction, the business would: A. Debit Cash $1,000 and Debit Accounts Receivable $5,000 and Credit Fees Income $6,000 B. Debit Cash $1,000; Credit Fees Income $1,000 C. Debit Accounts Receivable $6,000 and; Credit Fees Income $6,000 E. Debit Cash $1,000 and Debit Accounts Payable $5,000; Credit Fees Income $6,000
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Smart Services performed $6,000 of services. Their customer paid $1,000 of the amount right away but...
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