If Service for $175 Had Been Performed but Not Billed

question 19

Multiple Choice

If service for $175 had been performed but not billed the adjustment to record this would include a(n) :

• A)decrease to Service Revenue for $175.
• B)increase to Unearned Service Revenue for $175.
• C)increase to Service Revenue for $175.
• D)decrease to Unearned Revenue for $175.

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Definitions:

New Market

A new market refers to the introduction or discovery of new sectors, customer groups, or geographic areas where a business or product has not previously engaged or sold.