If you render a service n account to a customer you debit Account Receivable and credit Service Revenue.
[Debit] Cash account [Credit] Services revenue
When payment received without services: Debit Cash / bank Credit Unearned revenue When services rendered: Debit Unearned Revenue Credit Services revenue
[Debit] Accounts Receivable 1250 [Credit] Services sales 1250
[Debit] Advance expenses [Credit] Cash / bank
debit shares in companycredit services revenue
[Debit] Cash account [Credit] Services revenue
When payment received without services: Debit Cash / bank Credit Unearned revenue When services rendered: Debit Unearned Revenue Credit Services revenue
[Debit] Accounts Receivable 1250 [Credit] Services sales 1250
[Debit] Advance expenses [Credit] Cash / bank
debit shares in companycredit services revenue
The debit side would be money that you owed and paid out for a service. They credit side is money that was paid to you by someone that owed you for services or products.
debit accounts receivableCredit services revenue
debit accounts receivablecredit services revenue
debit accounts receivablecredit services revenue
debit accounts receivablecredit services revenue
Performed services is a revenue account and revenue account has credit balance as normal default balance so services performed also has credit balance.
Accounts Receivable - Debit Service Revenue - Credit