On June 1, 2020, Destiny Ltd

question 48

Multiple Choice

On June 1, 2020, Destiny Ltd. received $3,600 for services to be performed evenly over the next twelve months. The adjusting entry on December 31, 2020, would include a:

• A) debit to Unearned Service Revenue for $2,100
• B) debit to Service Revenue for $1,500
• C) debit to Cash for $3,600
• D) debit to Unearned Service Revenue for $1,500

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Definitions:

Denmark

A Nordic country in Northern Europe known for its democratic governance, high levels of social welfare, and for being one of the happiest nations in the world.

Stimulus Motives

Stimulus motives are drives that prompt individuals to seek stimulation or information in their environment, often driven by the innate need for exploration and novelty.

Internal Stimuli

Psychological or physiological triggers originating within an individual, such as thoughts, feelings, or sensations, that can influence behavior and perception.

External Stimuli

External stimuli are elements in the environment that can elicit responses from sensory systems, influencing an individual's behavior or reactions.