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Author Question: Nadir, Inc. collected 800 of its accounts receivable in May for services performed in April. The ... (Read 128 times)

HCHenry

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on: Jul 5, 2018
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


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makaylafy

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Reply #1 on: Jul 5, 2018
Answer to Question 1

A

Answer to Question 2

C


HCHenry

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Reply #2 on: Jul 5, 2018
Correct answers!


makaylafy

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Reply #3 on: Jul 5, 2018
Great! Please up vote :D


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