Selected Accounts at July 31 Are Provided Below

question 180

Multiple Choice

Selected accounts at July 31 are provided below:

-Refer to Hesson Properties. What journal entry is required to record the cash collected in advance?

• A)Cash 500 Service Revenue 500
• B)Accounts Receivable 500 Service Revenue 500
• C)Cash 500 Unearned Revenue 500
• D)Unearned Revenue 500 Accounts Receivable 500

---

Definitions:

Signal-detection Theory

A framework for understanding how individuals discern between important stimuli and background noise under conditions of uncertainty.

Hit

In the context of memory recall, a correct identification or recognition of a previously encountered stimulus.

False Alarm

An instance in which a warning or signal is given for a danger that fails to materialize, leading to an unnecessary or mistaken response.

Correct Rejection

In signal detection theory, the correct identification that a target stimulus is not present.