Which of the following journal entries is prepared by an auto repair shop when a customer will pay cash subsequent to delivery of goods or services? A. Accounts receivable
$\quad$Revenues
B. Cash
$\quad$Unearned revenues
C. Unearned revenues
$\quad$Cash
D. Revenues
$\quad$Accounts receivable
A) Option A
B) Option B
C)Option C
D)Option D

Question

Quizplus · Accepted Answer

When a customer will pay cash after delivery of goods or services, the auto repair shop records the transaction as Accounts Receivable (asset) and Revenues (income) to reflect the earned revenue and the amount owed by the customer.

Which of the Following Journal Entries Is Prepared by an Auto