When services are rendered but payment is not made, which account would be increased?
A) Revenue
B) Expense
C) Accounts Payable
D) Cash

Name: When services are rendered but payment is not made, which account would be increased? A) Revenue B) Expense C) Accounts Payable D) Cash
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When services are rendered, the business has earned revenue, even if payment has not been received yet. Therefore, the Revenue account should be increased.

When Services Are Rendered but Payment Is Not Made, Which