Nadir, Inc. collected 800 of its accounts receivable in May for ...

[HCHenry]

Nadir, Inc. collected 800 of its accounts receivable in May for services performed in April. The journal entry to record this transaction in May is a debit to ________.
 
  A) Cash of 800 and a credit to Accounts receivable of 800
  B) Cash of 800 and a credit to Revenue of 800
  C) Accounts receivable of 800 and a credit to Revenue of 800
  D) Accounts receivable of 800 and a credit to Cash of 800

Question 2

A simplified representation of a complex entity is a(n):
 a. instance
  b. attribute
  c. model
  d. relationship

[makaylafy]

Answer to Question 1

A

Answer to Question 2

C

[HCHenry]

Correct answers!

[makaylafy]

Great! Please up vote