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question a business maintains subsidiary accounts for each of its customers on may 1 4289763

Question

A business maintains subsidiary accounts for each of its customers. On May 15, the business sells services on account: $ 2 comma 100$2,100 to customer J. Simmons; $ 4 comma 400$4,400 to customer A. Jones; and $ 1 comma 900$1,900 to customer J. Williams. Which journal entry is needed to record this sales transaction?

A.

May 15

minus

2 comma 1002,100

minus

4 comma 4004,400

minus

1 comma 9001,900

Service Revenue

8 comma 4008,400

B.

May 15

Accounts Receivable

8 comma 4008,400

Service Revenue

8 comma 4008,400

C.

May 15

Accounts Receivable Control

8 comma 4008,400

Sales Revenue

8 comma 4008,400

May 15

minus

2 comma 1002,100

minus

4 comma 4004,400

minus

1 comma 9001,900

minus

8 comma 4008,400

D.

May 15

Service Revenue

8 comma 4008,400

Accounts Receivable

8 comma 4008,400

Click to select your answer.

May 15

Accounts Receivable

minus

J. Simmons

2 comma 1002,100

 

 

Accounts Receivable

minus

A. Jones

4 comma 4004,400

 

 

Accounts Receivable

minus

J. Williams

1 comma 9001,900

 

 

Service Revenue

 

8 comma 4008,400

 

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