Robert Rogers, CPA Performed Accounting Services for a Client in June

question 45

Multiple Choice

Robert Rogers, CPA performed accounting services for a client in June. A bill was mailed to the client on 29 June. Roberts received a cheque in the mail on 5 July. Which of the following accounts would appear on the income statement for the year ended 30 June?

• A)Service revenue
• B)Prepaid expense
• C)Unearned revenue
• D)Accounts payable

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Definitions:

Connective

A word or phrase in logic that connects propositions in such a way that the truth or falsehood of the compound proposition depends on the truth or falsehood of the components.

Inconsistent

Lacking compatibility or uniformity in actions, values, methods, measures, principles, or expectations; in logic, having two or more propositions that cannot all be true at the same time.

Contradictory

In direct opposition to something else, containing elements or statements that are in logical conflict with one another.

Symbolic Form

A representation of an idea or concept through symbols or a symbolic system.