Which of the Following Entries Would Be Made as the Result

question 114

Multiple Choice

Which of the following entries would be made as the result of the revenue principle?

• A) \[\begin{array} { | l | r | r | }
• \hline \text { Service revenue } & 1,000 & \\
• \hline \text { Service revenue } & & 1,000 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | r | r | }
• \hline \text { Accounts receivable } & 1,000 & \\
• \hline \text { Service revenue } & & 1,000 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | r | r | }
• \hline \text { Salary expense } & 1,000 & \\
• \hline \text { Accounts payable } & & 1,000 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | l | r | r | }
• \hline \text { Depreciation expense } & 1,000 & \\
• \hline \text { Accumulated depreciation } & & 1,000 \\
• \hline
• \end{array}\]

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Definitions:

Nausea

A feeling of discomfort in the stomach, often accompanied by an urge to vomit.

Acute Mania

A phase of bipolar disorder characterized by an excessively elevated or irritable mood, hyperactivity, and impulsive behavior.

Limit Setting

The process of establishing and enforcing boundaries to manage behaviors and promote a safe and orderly environment.

Lithium Level

The concentration of lithium in the blood, which is monitored to ensure effective treatment of bipolar disorder while minimizing side effects.