A Business Collects Cash from a Customer in Payment of Accounts

question 63

Multiple Choice

A business collects cash from a customer in payment of accounts receivable.Which account is debited?

• A)Cash
• B)Service revenue
• C)Accounts receivable
• D)Supplies

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Definitions:

Light Reflex

The natural response of the pupil to contract when exposed to bright light, used to assess neurological function.

Cholesteatoma

An abnormal collection of skin cells inside the ear, leading to hearing loss and potential damage to the ear structure.

Fungal Infection

An inflammatory condition caused by a fungus, affecting various parts of the body and can range from superficial to systemic infections.

Nerve Degeneration

The gradual deterioration of nerves, leading to loss of function or structure of nerve cells.