Identify the journal entry required to correctly record each of the following transactions.
-Received cash from customer.
A. DR Accounts receivable $\quad $ CR Cash

B. DR Cash $\quad $ CR Accounts payable

C. DR Cash $\quad $ CR Accounts receivable

D. DR Cash $\quad $ CR Owners' equity

Question

Identify the journal entry required to correctly record each of the following transactions.
-Received cash from customer.
A. DR Accounts receivable  $\quad $ CR Cash

B. DR Cash  $\quad $ CR Accounts payable

C. DR Cash  $\quad $ CR Accounts receivable

D. DR Cash  $\quad $ CR Owners' equity

Quizplus · Accepted Answer

The Answer of Identify the journal entry required to correctly record each of the following transactions.
-Received cash from customer.
A. DR Accounts receivable  $\quad $ CR Cash

B. DR Cash  $\quad $ CR Accounts payable

C. DR Cash  $\quad $ CR Accounts receivable

D. DR Cash  $\quad $ CR Owners' equity

Identify the Journal Entry Required to Correctly Record Each of the Following