In November,cash Is Received in Advance of Rendering Services

question 186

Multiple Choice

In November,cash is received in advance of rendering services.Assuming that the services have been performed by December 31,the adjusting entry would be

• A) Unearned Service Revenue - Debit; Cash - Credit
• B) Cash - Debit; Service Revenue - Credit
• C) Unearned Service Revenue - Debit; Service Revenue - Credit
• D) Service Revenue - Debit; Prepaid Services - Credit

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Definitions:

Taking the Role

A concept in sociology that involves understanding or anticipating the expectations and reactions of others in social interactions.

Significant Other

A term used to describe a person's close and intimate partner, who holds great importance in their life.

Evoking Memories

The act or process of bringing past experiences to mind through stimuli that trigger recollection.

Generalized Other

A concept in sociology that represents the general expectations and attitudes of the social group or society as a whole, which an individual takes into account in their behavior.