Kleen Windows received $770 (including GST) from its customer John Jones for services previously supplied to him on credit. Which of the following entries correctly records this receipt?
A) DR Debtors $770; CR Bank $770
B) DR Bank $770; CR Debtors $770
C) DR Bank $770; CR Services revenue $700; CR GST payable $70
D) DR Debtors $770; CR Services revenue $700; CR GST payable $70
Correct Answer:
Verified
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