Certossi's Spa Sells Gift Certificates for Future Services

question 40

Multiple Choice

Certossi's Spa sells gift certificates for future services. These gift certificate sales should be recorded as

• A) a credit to sales revenue.
• B) a credit to cash.
• C) a debit to sales revenue.
• D) a credit to unearned revenue.

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Definitions:

Scatterplot

A type of graph used in statistics to display values for typically two variables for a set of data and identify any correlations.

Histogram

A graphical representation of the distribution of numerical data, showing the number of data points that fall within specified ranges.

Marijuana

A psychoactive drug from the Cannabis plant used for medical or recreational purposes.

Scatterplot

A type of plot or mathematical diagram using Cartesian coordinates to display values for typically two variables for a set of data.