Recording the above transactions would include which of the following?
A)Transaction #1 would include a debit to Revenue.
B)Transaction #3 would include a debit to Accounts Receivable.
C)Transaction #4 would include a debit to Accounts Receivable.
D)Transaction #6 would include a debit to Unearned Revenue.

Question

Quizplus · Accepted Answer

Transaction #4 would include a debit to Accounts Receivable because it likely involves recognizing revenue that has been earned but not yet received in cash, thus increasing the Accounts Receivable.

Recording the Above Transactions Would Include Which of the Following