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Date Account Titles and Explanation Ref. Debit Credit Accounts Receivable Service Revenue May 5 5,000...

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Accounting

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Date Account Titles and Explanation Ref. Debit Credit Accounts Receivable Service Revenue May 5 5,000 5,000 (Billed for services performed) 12 Cash 1,500 Accounts Receivable 1,500 (Received cash in payment of account) 15 Cash 3,100 Service Revenue 3,100 (Received cash for services performed) Post the transactions using the standard form of account. (Post entries in the order presented in the problem statement.) Cash Date Explanation Ref Debit Credit Balance Accounts Receivable Date Explanation Ref Debit Credit Balance May 12 1500 Service Revenue Date Explanation Ref Debit Credit Balance May 15 3100

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