Sydney Ltd repaired a customers' washing machine and charged the customer $500 which the customerpaid immediately. The general journal entry to record the transaction is:a.Debit Cash at bank $500; Credit Income from repairs $500b.Debit Accounts receivables $500; Credit Income from repairs $500c.Debit Income from repairs $500; Credit Accounts receivables $500d.None of the above

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Description: Sydney Ltd repaired a customers' washing machine and charged the customer $500 which the customerpaid immediately. The general journal entry to record the transaction is:a.Debit Cash at bank $500; Credit Income from repairs $500b.Debit Accounts rece

Journal entry is recorded at every business transaction and every transactions involves minimum two…

Answered: . The general journal entry to record…

Business

Accounting

. The general journal entry to record the transaction is:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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