When a Service Has Been Performed but No Cash Has

question 16

Multiple Choice

When a service has been performed but no cash has been received, which of the following statements is true?

• A)No journal entry is made.
• B)The entry includes a debit to accounts payable.
• C)The entry includes a credit to unearned revenue.
• D)The entry includes a debit to accounts receivable.

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Definitions:

Personal Space

The physical and psychological area an individual considers their own, preferring it to be free from intrusion by others.

Third Places

Public places that serve as informal gathering spots, distinct from one's home (first place) and work (second place), important for community building.

Public Places

Areas that are open and accessible to all members of a community, including parks, streets, and public buildings.

Informal

Lacking official procedures or rules; casual or unofficial in nature.