Robert Rogers,CPA Performed Accounting Services for a Client in December

question 25

Multiple Choice

Robert Rogers,CPA performed accounting services for a client in December.A bill was mailed to the client on December 30.Roberts received a check in the mail on January 5.The revenue principle would require that which of the following accounts appear on the income statement for the year ended December 31?

• A) Service revenue
• B) Unearned revenue
• C) Accounts payable
• D) Prepaid expense

---

Definitions:

Social Control

Refers to the social sanctions by means of which conformity to cultural guidelines is ensured. It refers to the means by which authorities seek to contain collective action, including co-optation, concessions, and coercion.

Rising Levels

Refers to the increase in a specific parameter or measurements over time, such as sea levels, temperatures, or economic indicators.

Crime

An action or omission that constitutes an offense punishable by law.

Lives

Refers to the existence, experiences, and activities of individuals or groups in various contexts or conditions.