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12 August, 02:30

A law firm billed a client $1,800 for entries will the firm make to record this transaction? work performed in the current month. Which of the following general journal 25) Debit Cash, S1,800; credit Unearned Legal Fees Revenue, $1,800.) Deb C) De D) Debit Cash, $1,800; credit Accounts Receivable, $1,800. it Legal Fees Revenue, $1,800; credit Accounts Receivable, $1,800. bit Accounts Receivable, $1,800; credit Unearned Legal Fees Revenue, $1,800. E) Debit Accounts Receivable, $1,800; credit Legal Fees Revenue, $1,800

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  1. 12 August, 05:37
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    E) Debit Accounts Receivable, $1,800; credit Legal Fees Revenue, $1,800

    Explanation:

    The Journal Entry is as follows : -

    Accounts Receivable Dr, $1,800

    To Legal fees revenues $1,800

    (Being the billing is recorded)

    Therefore for passing the journal entry, we debited the Accounts Receivable $1,800 with the credited Legal fees revenues $1,800 so that the proper posting can be done.
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