The adjusting entry to record revenue for services the seller has performed but not yet collected requires ______.

Respuesta :

Answer: a debit to accounts receivable and credit to service revenue

Explanation:

The adjusting entry to record revenue for services the seller has performed but not yet collected requires: A debit to Accounts Receivable and credit to Service Revenue.

Journal entry

The appropriate journal entry the record revenue for services the seller has rendered but not yet collected will includes debiting account receivable and crediting service revenue.

Adjusting journal entry

Debit Accounts Receivable

Credit  Service Revenue

Inconclusion the adjusting entry to record revenue for services the seller has performed but not yet collected requires: A debit to Accounts Receivable and credit to Service Revenue.

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