The Following Adjusting Journal Entry Does Not Include an Explanation

question 158

Multiple Choice

The following adjusting journal entry does not include an explanation. Select the best explanation for the entry.

• A) Record payment of fees earned.
• B) Record fees earned at the end of the month.
• C) Record fees that have not been earned at the end of the month.
• D) Record payment of fees to be earned.

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Definitions:

Disciplinary Action

Measures taken by an organization against an employee who has violated company policies or failed to meet expected standards of conduct.

Conciliation and Mediation Services

Services focused on resolving disputes between parties through mutual agreement, without resorting to legal action.

Union Members

Individuals who belong to a labor union, an organized association of workers formed to protect and further their rights and interests.

Visible Minorities

Refers to groups of people who are not of the dominant race in a given society and who are recognizable by their distinct physical characteristics.