The Internal Service Fund billed the general und for utilizing the services RO 50,000. Which...
70.2K
Verified Solution
Question
Accounting
The Internal Service Fund billed the general und for utilizing the services RO 50,000. Which one of the following journal entries records this transaction in the general fund?
a.
Operating expenditure Account Dr. 50,000, Loan Account Dr. 50,000
b.
Operating expenditure Account Dr. 50,000, Sales Account Dr. 50,000
c.
None of the options
d.
Operating revenue Account Dr. 50,000, Bank Account Dr. 50,000
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.