A business maintains subsidiary accounts for each of its customers On May 15, the business sells services on account: $2,100 to customer J. Simmons; $4,000 to customer A. Jones; and $1,500 to customer J. Williams. Which journal entry is needed to record this sales transaction?
A) May 15 Accounts Receivable 7,600
Service Revenue 7,600
B) May 15 Accounts Receivable - J. Simmons 2,100
Accounts Receivable - A. Jones 4,000
Accounts Receivable - J. Williams 1,500
Service Revenue 7,600
C) May 15 Service Revenue 7,600
Accounts Receivable 7,600
D) May 15 Accounts Receivable Control 7,600
Sales Revenue 7,600
May 15 Accounts Receivable - J. Simmons 2,100
Accounts Receivable - A. Jones 4,000
Accounts Receivable - J. Williams 1,500
Accounts Receivable - Control 7,600
B
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