Josie's Gym Received Payment from Customers That They Billed Last

question 145

Multiple Choice

Josie's Gym received payment from customers that they billed last month. The receipt is recorded with a

• A) debit to Service Revenue.
• B) credit to Service Revenue.
• C) debit to Accounts Receivable.
• D) credit to Accounts Receivable.

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Definitions:

Plate Boundaries

The edges where two or more of Earth's tectonic plates meet, often resulting in geological activity such as earthquakes and volcanism.

Divergent Boundary

A tectonic plate boundary where two plates are moving away from each other, often resulting in the creation of new oceanic crust.

Subduction Zone

A region where one tectonic plate moves under another, often causing earthquakes and volcanic activity.

Convergent Boundary

A convergent boundary is a type of tectonic plate boundary where two plates move toward each other, often resulting in mountain building, earthquakes, and volcanic activity.