Hamilton Lawn Service earned $1,000 for services rendered.The customer promised to pay at a later time.Which of the following accounts increased?
A) Accounts payable
B) Supplies
C) Cash
D) Accounts receivable

Question

Quizplus · Accepted Answer

Since the customer promised to pay at a later time, Hamilton Lawn Service has an account receivable, which represents the amount owed to them. Therefore, the Accounts receivable account increases.

Hamilton Lawn Service Earned $1,000 for Services Rendered