Which of the Following Journal Entries Is Prepared When a Customer

question 40

Multiple Choice

Which of the following journal entries is prepared when a customer pays cash subsequent to delivery of goods or services?

• A) Cash
• \( \quad \)Revenues
• B) Cash
• \( \quad \)Unearned revenues
• C) Unearned revenues
• \( \quad \)\( \quad \)Cash
• D) Cash
• \( \quad \)Accounts receivable

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Definitions:

Internet Service Providers

Internet Service Providers (ISPs) are companies or organizations that offer users access to the Internet and related services.

Online Content

Digital material available on the internet, including text, images, videos, and audio content.

Media Conglomeration

The consolidation of numerous media enterprises into a few large companies, often resulting in a reduction of diversity in information and viewpoints.

Mainstream News Sources

Media outlets that are widely accepted and consumed by the general public, often characterized by a broad appeal and significant reach.