On April 1 of the Current Year, Wood Services Received

question 6

Multiple Choice

On April 1 of the current year, Wood Services received $15,000 for services to be performed evenly over the next 12 months. Wood Services initially recorded the $15,000 as unearned service revenue. The adjusting entry on December 31 of the current year will include a:

• A)debit to service revenue for $11,250.
• B)debit to service revenue for $3,750.
• C)debit to unearned service revenue for $3,750.
• D)credit to service revenue for $11,250.

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Definitions:

Galvanic Skin Response

A method of measuring the electrical conductance of the skin, which varies with its moisture level, used as an indicator of psychological or physiological arousal.

Anxiety

A mental health disorder characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.

Brain Activity

The electrical or biochemical actions that occur within the brain as it processes information, usually measured through various neuroimaging techniques.

Electroencephalogram

A diagnostic method that measures the electrical activity of the brain using electrodes attached to the scalp.