Business, 25.02.2020 16:26 watsonjessalynn

On September 23, Reese Company received a $350 check from Mike Moluf for services to be performed in the future. The bookkeeper for Reese Company incorrectly debited Cash for $350 and credited Accounts Receivable for $350. The amounts have been posted to the ledger. To correct this entry, the bookkeeper should1. debit Accounts Receivable $350 and credit Service Revenue $350.2. debit Accounts Receivable $350 and credit Unearned Service Revenue $350.3. debit Cash $350 and credit Unearned Service Revenue $350.4. debit Accounts Receivable $350 and credit Cash $350.

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On September 23, Reese Company received a $350 check from Mike Moluf for services to be performed in...