On May 3, Doe, Inc. performed $2,000 of services for a client on account. On May 27, Doe, Inc. received $500 of the amount owed. The remaining balance will be collected on June 2. The May 3 journal entry will include ________
A) a credit to Revenue of $2,000
B) a debit to Cash of $2,000
C) a credit to Accounts receivable of $2,000
D) no entry since no cash was collected
A
Business
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