When a Company Has Performed a Service but Has Not

question 47

Multiple Choice

When a company has performed a service but has not yet received payment, it

• A)debits Accounts Receivable and credits Service Revenue.
• B)debits Service Revenue and credits Accounts Receivable.
• C)debits Service Revenue and credits Accounts Payable.
• D)makes no entry until the cash is received.

---

Definitions:

Behavioral Outcomes

The observable and measurable changes in behavior that result from various interventions, treatments, or learning processes.

Suicide Precautions

Measures implemented to prevent an individual from taking their own life, often involving close supervision and the removal of harmful objects.

Self-esteem

An individual's subjective evaluation of their own worth or value.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome.