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Mathematics, 13.09.2021 05:50 cicimarie2018

During January, services totaling $1,500 were performed on account for a customer. The company collected that $1,500 from the customer in March. The journal entry to record the receipt of cash from the customer is recorded with a debit to Cash and a credit to Accounts Receivable.

Cash and a credit to Accounts Payable.

Cash and a credit to Revenue.

Purchases and a credit to Cash.

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