A Company Provided $12,000 of Consulting Services,and Was Immediately Paid $\begin{array}{|l|r|r|}\hline \text { Accounts receivable } & 12,000 & \\\hline \text { Cash } & & 12,000 \\\hline\end{array}$

question 91

Multiple Choice

A company provided $12,000 of consulting services,and was immediately paid in cash by the customer.Identify the journal entry below that properly records this transaction.

• A) \(\begin{array}{|l|r|r|}
• \hline \text { Accounts receivable } & 12,000 & \\
• \hline \text { Cash } & & 12,000 \\
• \hline
• \end{array}\)
• B) \(\begin{array}{|l|r|l|}
• \hline \text { Cash } & 12,000 & \\
• \hline \text { Consulting services revenue } & & 12,000 \\
• \hline
• \end{array}\)
• C) \(\begin{array}{|l|r|r|}
• \hline \text { Consulting services revenue } & 12,000 & \\
• \hline \text { Cash } & & 12,000 \\
• \hline
• \end{array}\)
• D) \(\begin{array}{|l|r|l|}
• \hline \text { Accounts payable } & 12,000 & \\
• \hline \text { Consulting services revenue } & & 12,000 \\
• \hline
• \end{array}\)
• E) \(\begin{array}{|l|r|l|}
• \hline \text { Accounts receivable } & 12,000 & \\
• \hline \text { Consulting services revenue } & & 12,000 \\
• \hline
• \end{array}\)

---

Definitions:

Field Research

A method of collecting data through direct observation or interaction with subjects in their natural environments.

Data Collection

The process of gathering and measuring information on variables of interest in a systematic fashion, enabling one to answer research questions, test hypotheses, and evaluate outcomes.

Survey

A method for collecting quantitative or qualitative data in which a group of individuals is questioned about their opinions, behaviors, or knowledge.

Unethical Behavior

Actions or decisions that violate moral codes or principles, often compromising honesty, fairness, and integrity.