Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Russell Company collected cash of $780 immediately after providing consulting services to a client. Which of the following general journal entries will Russell Company make to record this transaction?

Sagot :

The general journal entries that Russell Company will make to record this transaction is: Debit Cash, $780; credit Accounts Receivable $780.

Journal entries:

Since the company receive cash of the amount of $780  after rendering service to their client. The appropriate journal entry to record the transaction is:

Russell Company journal entry

Debit Cash $780

Credit Accounts Receivable $780

(To record account receivable)

Inconclusion the general journal entries that Russell Company will make to record this transaction is: Debit Cash, $780; credit Accounts Receivable $780.

Learn more about journal entry here:https://brainly.com/question/10839436

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.