A company performed services for $3,000. The customer paid cash for $500 and agreed to...
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Accounting
A company performed services for $3,000. The customer paid cash for $500 and agreed to pay the remainder in 30 days. Which of the following entries would the accountant use to records this transaction? Group of answer choices
1.debit Cash and Accounts Payable;
2.credit Fees Earned debit Accounts Receivable;
3.credit Fees Earned debit Cash and Accounts Receivable;
4.credit Fees Earned. debit Cash; credit Fees Earned
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