Jeremy Consulting Received $3,000 from a Customer for Services Provided

question 203

Multiple Choice

Jeremy Consulting received $3,000 from a customer for services provided.Jeremy's general journal entry to record this transaction will be:

• A)Debit Services Revenue,credit Accounts Receivable.
• B)Debit Cash,credit Accounts Payable.
• C)Debit Cash,credit Accounts Receivable.
• D)Debit Cash,credit Services Revenue.
• E)Debit Accounts Payable,credit Services Revenue.

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Definitions:

Machiavellian Techniques

Strategies based on cunning, manipulation, and the use of power for personal gain, inspired by the philosophy of Niccolò Machiavelli.

Hands-on Leadership

A leadership style characterized by the leader's direct involvement in the work and decision-making processes of the team.

Managerial Level

Refers to the specific layer or tier in an organization's hierarchy that is responsible for directing and overseeing employees and operations.

Top-level Executive

A high-ranking official within an organization, typically part of the executive team or C-suite, responsible for making strategic decisions that affect the entire organization.