A business performed $8,000 of services. Their customer paid $3,000 of the amount right away but charged the remaining amount. To record this transaction, the business would:
A. Debit Accounts Receivable $8,000 and; Credit Fees Income $8,000
B. Debit Cash $3,000 and Debit Accounts Receivable $5,000 and Credit Fees Income $8,000
C. Debit Cash $3,000 and Debit Accounts Payable $5,000; Credit Fees Income $8,000
D. Debit Cash $3,000; Credit Fees Income $3,000
Answer: B
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