Indicate how the following transaction should be recorded: Collected $900 from customers on account. a. Increase Cash, $900; Increase Accounts Payable, $900.
b. Increase Cash, $900; Increase Retained Earnings with Revenue, $900. c. Increase Cash, $900; Decrease Accounts Receivable, $900. Increase Cash, $900; d. Decrease Accounts Payable, $900.