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The Entry to Record Completing a Financial Lecture and Immediately  Cash 500 Lecture Fees 500\begin{array}{ | l | l | } \hline \text { Cash }& 500 \\\hline \text { Lecture Fees } & 500 \\\hline\end{array}

Question 27

Multiple Choice

The entry to record completing a financial lecture and immediately collecting payment from customers would be:


A)
 Cash 500 Lecture Fees 500\begin{array}{ | l | l | } \hline \text { Cash }& 500 \\\hline \text { Lecture Fees } & 500 \\\hline\end{array}
B)
 Cash 500 Accounts Payable 500\begin{array}{ | l | l | } \hline \text { Cash }& 500 \\\hline \text { Accounts Payable } & 500 \\\hline\end{array}
C)
 Lecture Fees 500 Cash 500\begin{array} { | c | c | } \hline \text { Lecture Fees } & 500 \\\hline \text { Cash } &500 \\\hline\end{array}
D)
 Lecture Fees 500 Accounts Payable 500\begin{array} { | c | c | } \hline \text { Lecture Fees } & 500 \\\hline \text { Accounts Payable } & 500 \\\hline\end{array}

Correct Answer:

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