Lush Lawns Corporation earned $1,000 for lawn mowing services rendered.The customer promised to pay at a later time.Which of the following accounts increased as a result of this transaction?

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Accounts Receivable increases when a business earns revenue but has not yet received payment. In this case, Lush Lawns Corporation earned $1,000 for lawn mowing services rendered but has not yet received payment, so Accounts Receivable would increase. Accounts Payable would apply if Lush Lawns Corporation owed money to someone else, Supplies would apply if Lush Lawns Corporation purchased supplies to use for lawn mowing services, and Cash would apply if Lush Lawns Corporation received payment.

Lush Lawns Corporation Earned $1,000 for Lawn Mowing Services Rendered