Question

Jim Walton performed services on credit for $2,450. A debit for this transaction should be recorded to

A. revenue.
B. accounts receivable.
C. accounts payable.
D. cash.

Answer 1

The right answer for the question that is being asked and shown above is that: "B. accounts receivable. "Jim Walton performed services on credit for $2,450. A debit for this transaction should be recorded toB. accounts receivable.