on april 11th, brigham services sold services on account to sam erickson. what accounts are affected and…

on april 11th, brigham services sold services on account to sam erickson. what accounts are affected and how? this question is worth 1 point(s) debit cash $850, credit sales $850 debit sales $850, credit cash $850 debit accounts receivable $850, credit sales $850 debit sales $850, credit accounts receivable $850

on april 11th, brigham services sold services on account to sam erickson. what accounts are affected and how? this question is worth 1 point(s) debit cash $850, credit sales $850 debit sales $850, credit cash $850 debit accounts receivable $850, credit sales $850 debit sales $850, credit accounts receivable $850

Answer

Brief Explanations:

When services are sold on account, the company has a right to receive money in the future (Accounts Receivable - an asset account, which increases with a debit). At the same time, the company has made a sale (Sales - a revenue account, which increases with a credit).

Answer:

Debit Accounts Receivable $850, Credit Sales $850