Sebastian Belle Has Performed $2,000 of CPA Services for a Client

question 164

Multiple Choice

Sebastian Belle has performed $2,000 of CPA services for a client but has not billed the client as of the end of the accounting period.What adjusting entry should Sebastian make?

• A)Debit Cash and credit Unearned Service Revenue
• B)Debit Accounts Receivable and credit Unearned Service Revenue
• C)Debit Accounts Receivable and credit Service Revenue
• D)Debit Unearned Service Revenue and credit Service Revenue

---

Definitions:

Right to Tinker

The freedom to modify or repair one's own devices or equipment, typically referring to consumer electronics and vehicles.

Patent Infringement

Occurs when a party makes, uses, sells, offers to sell, or imports into the United States any patented invention without permission from the patent holder, within the territory and during the term of the patent.

Copyright

A right granted to an author, composer, photographer, or artist to exclusively publish and sell an artistic or literary work for the life of the author plus 70 years.

Idea

A thought or suggestion as to a possible course of action, concept, or mental impression.