HH Consulting & Design Provided $800 of Consulting Work and $100

question 67

Multiple Choice

HH Consulting & Design provided $800 of consulting work and $100 of design work to the same client. It billed the client for the total amount and is expecting to collect from the customer next month. Which of the following general journal entries will HH Consulting & Design make to record this transaction?

• A) \(\begin{array} { | l | r | r | }
• \hline \text { Desigry Reverue } & 100 \\
• \hline \text { Consulting Reverue } & 800 & \\
• \hline \text { Accounts Receivable } & & 900 \\
• \hline
• \end{array}\)
• B) \(\begin{array} { | l | r | r | }
• \hline \text { Accounts Payable } & 800 \\
• \hline \text { Desigri Revenue } & & 100 \\
• \hline \text { Consulting Revenue } & & 800 \\
• \hline
• \end{array}\)
• C) \(\begin{array}{|l|r|r|}
• \hline \text { Consulting Revenue } & 800 & \\
• \hline \text { Design Revenue } & 100 & \\
• \hline \text { Cash } & & 900 \\
• \hline
• \end{array}\)
• D) \(\begin{array} { | l | r | r | }
• \hline \text { Cash } & 900 \\
• \hline \text { Consulting Revenue } & & 800 \\
• \hline \text { Desigra Revenue } & & 100 \\
• \hline
• \end{array}\)
• E) \(\begin{array} { | l | r | r | }
• \hline \text { Accounts Receivable } & 900 \\
• \hline \text { Consulting Revenue } & & 800 \\
• \hline \text { Desigra Revenue } & & 100 \\
• \hline
• \end{array}\)

---

Definitions:

Kirkland

A brand name owned by Costco Wholesale Corporation that offers a wide range of products, including groceries and household goods.

Fighting Brands

These are lower-priced products launched by companies to compete with generic or store brands and to protect their premium brands' market share without lowering the price of their main products.

Brand Extensions

A marketing strategy where a company uses an existing brand name to launch a new or modified product in a different product category.

Defensive Moves

Strategies employed by companies to protect their market share, revenue, or profitability from competitors.