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Consider the following transaction: Sell $1,000 of services on account. What is the appropriate journal...

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Accounting

Consider the following transaction: Sell $1,000 of services on account. What is the appropriate journal entry for this transaction? Debit Cash $1,000 and Credit Service Revenue $1,000 Debit Notes Payable $1,000 and Credit Cash $1,000 Debit Service Revenue $1,000 and Credit Cash $1,000 Debit Accounts Receivable $1,000 and Credit Service Revenue $1,000

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