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Stonehenge Company Received Cash on Account, $2,500  Cash $2,500 C. Man, Capital $2,500\begin{array} { l c } \text { Cash } & \$ 2,500 \\\text { C. Man, Capital } & \$ 2,500\end{array}

Question 35

Multiple Choice

Stonehenge Company received cash on account, $2,500. The accountant would record the following journal entry:


A)
 Cash $2,500 C. Man, Capital $2,500\begin{array} { l c } \text { Cash } & \$ 2,500 \\\text { C. Man, Capital } & \$ 2,500\end{array}
B)
Income from Services $2,500\quad\$ 2,500
Cash $2,500\quad\$ 2,500
C)
 Cash $2,500 Income from Services $2,500\begin{array} { l } \text { Cash }&\$ 2,500 \\\text { Income from Services } &\$ 2,500\end{array}
D)
 Cash $2,500\text { Cash } \quad \$ 2,500
 Accounts Receivable $2,500\text { Accounts Receivable } \quad \$ 2,500

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