Nizwa Shopping Center received RO 2000 for equipment sold on account last month. The company should record a: Select one: O a Credit to Accounts Receivable for RO 2000 O b. Debit to Accounts Receivable for RO 2,000 O c Debit to Equipment for RO 2,000 O d. Credit to Cash for RO 2,000 O e. None of the answers are correct.

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter3: The General Journal And The General Ledger
Section: Chapter Questions
Problem 6E: The bookkeeper for Nevado Company has prepared the following trial balance: The bookkeeper has asked...
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Nizwa Shopping Center received RO 2000 for equipment sold on account last month. The company should record a:
Select one:
O a Credit to Accounts Receivable for RO 2000
O b. Debit to Accounts Receivable for RO 2,000
O c Debit to Equipment for RO 2,000
O d. Credit to Cash for RO 2,000
O e. None of the answers are correct.
Transcribed Image Text:Nizwa Shopping Center received RO 2000 for equipment sold on account last month. The company should record a: Select one: O a Credit to Accounts Receivable for RO 2000 O b. Debit to Accounts Receivable for RO 2,000 O c Debit to Equipment for RO 2,000 O d. Credit to Cash for RO 2,000 O e. None of the answers are correct.
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