Antonio's Catered a Reception

question 118

Multiple Choice

Antonio's catered a reception. The total price was $850. Their customer paid half of the fee in cash and agreed to pay the remainder later. The journal entry to record this transaction is

• A) Cash   425
• Accounts Receivable   425
• Catering Service Fees   850
• B) Cash   850
• Accounts Receivable   850
• C) Cash   850
• Catering Service Fees   850
• D) Accounts Receivable   850
• Cash   425
• Catering Service Fees   425

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Definitions:

Dyadic Friendship

A close emotional bond between two individuals, characterized by mutual affection and a sense of alliance or partnership.

Developmental Functions

Various physiological and psychological tasks and processes that contribute to the growth or progress of an organism, particularly across different stages of life.

Intimacy

A sense of close connection between two individuals, resulting from shared feelings, thoughts, and activities.

Supportive Report

A document or feedback mechanism that provides assistance, encouragement, or information designed to bolster or uphold a particular activity, project, or situation.