Limited access

Which of the following is the appropriate entry on a seller’s books to record the subsequent payment for goods that have been previously delivered to a customer?

A

Accounts Receivable . . . \$XXXX Fee Revenue . . . \$XXXX

B

Deferred Revenue . . . \$XXXX Fee Revenue . . . \$XXXX

C

Cash . . . \$XXXX Accounts Receivable . . . \$XXXX

D

Cash . . . \$XXXX Deferred Revenue . . . \$XXXX

Select an assignment template