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18 August, 16:52

A customer paying $100 for a service with a credit card would be a debit to which account?

Cash

Service revenue

Accounts payable

Accounts receivable

+4
Answers (2)
  1. 18 August, 19:54
    0
    Accounts receivable

    Explanation:

    The $100 is a debit from the credit card of the customer and would be debited to accounts receivable.

    Account receivable is basically the money owed to a seller by the buyer and they are created by the company when the credit purchase is made.

    The company will receive their $100 owed to them from accounts receivable because it shows on the balance sheet the amount owed the company and can be retrieved on short term basis.
  2. 18 August, 20:15
    0
    Answer is Accounts receivable.

    Explanation:

    A customer paying $100 for a service with a credit card will be a debit to Accounts receivable.
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