Record service revenue of 33000 sold on account

Explanation:

Service revenues can arise from rendering services for cash or on account (on credit) to be collected at a later date. The entry for services rendered on account includes a debit to Accounts Receivable instead of Cash.

For example, a $1,500 payment on an invoice would post to the ledger as a $1,500 credit to "Accounts Receivable" and a $1,500 debit to "Cash."