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Q22.webp

Kizspy | Question: 22
(Choose 1 answer)
(2229)
Selling 1,000 products for a customer and collected $2,000 cash. Recording this transaction:
A. Debit Cash $1,000 and credit Revenue $1,000
B. Credit Cash $ 2,000 and Debit Revenue $2,000
C. Debit Cash $2,000 and Unearned Revenue $2,000
D. Credit Cash $2,000 and Debit Unearned Revenue $2,000
E. Debit Cash $ 2,000 and credit Revenue $2,000
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