HVAC Service
The following transactions occurred during
-Refer to HVAC Service. The journal entry to record the bills sent to clients will include a debit of $12,000 to
A)service revenue.
B)cash.
C)accounts receivable.
D)retained earnings.

Question

HVAC Service
The following transactions occurred during 
-Refer to HVAC Service. The journal entry to record the bills sent to clients will include a debit of $12,000 to
A)service revenue. 
B)cash. 
C)accounts receivable. 
D)retained earnings.

Quizplus · Accepted Answer

The bills sent to clients represent services rendered but not yet paid for, therefore they are recorded as accounts receivable.

HVAC Service The Following Transactions Occurred During