Sydney Ltd repaired a customers' washing machine and charged the customer $500 which the customer paid immediately. The general journal entry to record the transaction is: a.Debit Cash at bank $500;...


Sydney Ltd repaired a customers' washing machine and charged the customer $500 which the customer<br>paid immediately. The general journal entry to record the transaction is:<br>a.Debit Cash at bank $500; Credit Income from repairs $500<br>b.Debit Accounts receivables $500; Credit Income from repairs $500<br>c.Debit Income from repairs $500; Credit Accounts receivables $500<br>d.None of the above<br>

Extracted text: Sydney Ltd repaired a customers' washing machine and charged the customer $500 which the customer paid immediately. The general journal entry to record the transaction is: a.Debit Cash at bank $500; Credit Income from repairs $500 b.Debit Accounts receivables $500; Credit Income from repairs $500 c.Debit Income from repairs $500; Credit Accounts receivables $500 d.None of the above

Jun 10, 2022
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