Business, 10.03.2020 19:14 stinematesa

On September 23, Reese Company received a $350 check from Mike Moluf for services to be performed in the future. The bookkeeper for Reese Company incorrectly debited Cash for $350 and credited Accounts Receivable for $350. The amounts have been posted to the ledger. To correct this entry, the bookkeeper should:.
a. debit Accounts Receivable $350 and credit Service Revenue $350.
b. debit Accounts Receivable $350 and credit Unearned Service Revenue $350.
c. debit Cash $350 and credit Unearned Service Revenue $350.
d. debit Accounts Receivable $350 and credit Cash $350.

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On September 23, Reese Company received a $350 check from Mike Moluf for services to be performed in...

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