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Which of the Following Entries Would Be Recorded ONLY If  Cash 1,000 Accounts receivable 1,000\begin{array} { | l | r | r | } \hline \text { Cash } & 1,000 & \\\hline \text { Accounts receivable } & & 1,000 \\\hline\end{array}

Question 124

Multiple Choice

Which of the following entries would be recorded ONLY if a company is using the accrual method of accounting?


A)  Cash 1,000 Accounts receivable 1,000\begin{array} { | l | r | r | } \hline \text { Cash } & 1,000 & \\\hline \text { Accounts receivable } & & 1,000 \\\hline\end{array}
B)  Salary expense 1,000 Cash 1,000\begin{array} { | l | r | r | } \hline \text { Salary expense } & 1,000 & \\\hline \text { Cash } & & 1,000 \\\hline\end{array}
C)  Cash 1,000 Service revenue 1,000\begin{array} { | l | r | r | } \hline \text { Cash } & 1,000 & \\\hline \text { Service revenue } & & 1,000 \\\hline\end{array}
D)  Supplies 1,000 Cash 1,000\begin{array} { | l | r | r | } \hline \text { Supplies } & 1,000 & \\\hline \text { Cash } & & 1,000 \\\hline\end{array}

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