Lucent Electrical Repair Performs Services Costing $3,000 on January 12 $$\begin{array} { | l | r | r | } \hline \quad\quad\quad&\quad&\quad \\\hline \\\hline\end{array}$$

question 42

Essay

Lucent Electrical Repair performs services costing $3,000 on January 12 and invoices the customer.
-Lucent receives the $3,000 on January 31.What entry is made on January 31 when the cash was received?
$$\begin{array} { | l | r | r | } \hline \quad\quad\quad&\quad&\quad \\\hline \\\hline\end{array}$$

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Definitions:

Pyruvate

A critical energy currency of cells, produced from glucose through glycolysis, serving as a key intermediate in several metabolic pathways.

Basal Metabolism

The minimum rate of energy expenditure per unit time by endothermic animals at rest, ensuring basic physiological functions.

Thermoregulation

The process by which organisms regulate their internal body temperature to maintain homeostasis.

Aerobic Respiration

A metabolic process involving oxygen where cells convert nutrients into energy and produce carbon dioxide and water as waste products.