The receipt of cash (payment) ***1 point from an on-account customer...
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Accounting
The receipt of cash payment point from an onaccount customer should be recorded as a: a debit to Cash and a credit to Capital. a debit to Capital and a credit to Income from Services. a debit to Cash and a credit to Accounts Receivable. a debit to Cash and a credit to the Accounts Payable.
The receipt of cash payment
point
from an onaccount customer should be recorded as a:
a debit to Cash and a credit to Capital.
a debit to Capital and a credit to Income from Services.
a debit to Cash and a credit to Accounts Receivable.
a debit to Cash and a credit to the Accounts Payable.
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