After Posting the Adjusting Entry to Record Revenues Earned but Not

question 27

Multiple Choice

After posting the adjusting entry to record revenues earned but not yet collected,which account will be increased?

• A)Service Revenue
• B)Deferred Revenue
• C)Prepaid Revenue
• D)Accounts Payable

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Definitions:

Kansas Exodus

A migration in 1879 and 1880 by some 40,000–60,000 blacks to Kansas to escape the oppressive environment of the New South.

Racial Violence

Acts of aggression and conflict that stem from racial prejudice or racism, often resulting in harm to individuals or communities based on their race or ethnicity.

African-Americans

Refers to citizens or residents of the United States who have origins in any of the black populations of Africa.

Black Middle Class

A segment of the African American population that attained middle-class status, often highlighted for its role in advocating for civil rights and community development.