The transaction was erroneously recorded as a debit

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Reference no: EM13227271

Valence Enterprises received a $5,100 check from a customer for the balance due. The transaction was erroneously recorded as a debit to Cash $1,500 and a credit to Service Revenue $1,500. The correcting entry is
A. debit Cash, $3,600 and Service Revenue, $1,500; credit Accounts Receivable, $5,100.
B. debit Accounts Receivable, $5,100; credit Cash, $3,600 and Service Revenue, $1,500.
C. debit Cash, $5,100; credit Accounts Receivable, $5,100.
D. debit Cash, $3,600 and Accounts Receivable, $1,500; credit Service Revenue, $5,100.

Reference no: EM13227271

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