Which of the Following Entries Records the Receipt of Cash

question 196

Multiple Choice

Which of the following entries records the receipt of cash for two months' rent? The cash was received in advance of providing the service.

• A) Prepaid Rent, debit; Rent Revenue, credit
• B) Cash, debit; Unearned Rent, credit
• C) Cash, debit; Prepaid Rent, credit
• D) Cash, debit; Rent Expense credit

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Definitions:

Social Structural Differences

The variations and inequalities found in society that arise from the social positions people occupy, such as class, race, gender, etc.

Ethnic Culture

The shared customs, traditions, languages, and beliefs of a group of people who identify with the same ethnicity.

Ethnic Identity

An individual's sense of belonging to a particular ethnic group, including shared culture, traditions, language, and ancestry.

Ethnic Category

A classification based on common cultural, linguistic, or ancestral characteristics.