When a Service Has Been Performed, but No Cash Has

question 138

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 Deferred Revenue.
• D)The entry includes a debit to Accounts Receivable.

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Definitions:

Intelligence Quotient

A measure of a person's relative cognitive abilities as compared to the general population, often represented by a numerical score.

Inappropriate Suppression

The unhealthy or maladaptive practice of forcibly inhibiting or restraining one's authentic thoughts or feelings.

Healthier Alternative

An option considered to be better for physical or mental well-being compared to another, potentially harmful one.

Emotional Balance

The ability to manage emotions effectively, maintaining equilibrium between positive and negative feelings.