Question

A client has a massage and asks the company bookkeeper to mail her the bill. The bookkeeper should make which entry to record the invoice? a.No entry until the cash is received b.Accounts Receivable, debit; Fees Earned, credit c.Fees Earned, debit; Accounts Receivable, credit d.Cash, debit; Fees Earned, credit

Answer 1

Answer:

c.

Explanation:

Based on the scenario being described it can be said that the bookkeeper should enter into the invoice the Fees Earned, debit; Accounts Receivable, credit. These are all the details that the bookkeeper is in charge of recording in the invoice in order to make sure that all accounts are up to date for each client. Once this is done the bookkeeper will then send the invoice to the client at the end of the month so it can be paid.