Tom's Tourist Company Received a $750 Check from a Customer

question 10

Multiple Choice

Tom's Tourist Company received a $750 check from a customer for the balance due.The transaction was erroneously recorded as a debit to Cash $570 and a credit to Service Revenue $570.The correcting entry is

• A)Debit Cash, $750; Credit Accounts Receivable, $750.
• B)Debit Cash, $180 and Accounts Receivable, $570; Credit Service Revenue, $750.
• C)Debit Cash, $180 and Service Revenue, $570; Credit Accounts Receivable, $750.
• D)Debit Accounts Receivable, $750; Credit Cash, $180 and Service Revenue, $570.

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Definitions:

Islamic Dynasties

Historical ruling families in the Islamic world, which governed various regions and introduced cultural and scientific advancements.

Umayyad and Nasrid

Referring to two distinct Islamic dynasties; the Umayyad Caliphate was a significant early Islamic empire with its capital in Damascus, while the Nasrid dynasty was the last Muslim dynasty in Spain, known for building the Alhambra.

Ardabil Carpet

One of the most famous Persian carpets, which was woven in the 16th century and is known for its exquisite craftsmanship and aesthetic appeal.

Maqsud of Kashan

A renowned Persian weaver of the 16th century, credited with creating some of the most famous Persian carpets, including the Ardabil Carpet, known for their intricate designs and craftsmanship.