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    christine954's Avatar
    christine954 Posts: 3, Reputation: 1
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    #1

    Dec 3, 2011, 09:45 PM
    If services are rendered for credit then?
    What account is affected if a company received 2000 in revenue for services rendered and 1000 is still owed?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Dec 4, 2011, 07:47 AM
    Debit Cash for the amount received
    Credit Accounts Receivable for 1,000
    Credit Unearned Service Revenue for 1,000
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