If a fee of $2,630 earned from a client was debited to Accounts Receivable for...
80.2K
Verified Solution
Link Copied!
Question
Accounting
If a fee of $ earned from a client was debited to Accounts Receivable for $ and credited to Fees Earned for $ which of the following statements would be true? a The credit total of the trial balance would be higher by $ b The debit total of the trial balance would be higher by $ c The trial balance totals would be equal. d The wrong account is credited.
If a fee of $ earned from a client was debited to Accounts Receivable for $ and credited to Fees Earned for $ which of the following statements would be true?
a The credit total of the trial balance would be higher by $
b The debit total of the trial balance would be higher by $
c The trial balance totals would be equal.
d The wrong account is credited.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.