The Journal Entry to Record the Receivable from Performing a Service

question 138

Multiple Choice

The journal entry to record the receivable from performing a service on account is:

• A)debit notes receivable, credit service revenue.
• B)debit notes receivable, credit cash.
• C)debit service revenue, credit accounts receivable.
• D)debit accounts receivable, credit service revenue.

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Definitions:

Theory Of Planned Behavior

A psychological theory that links beliefs and behavior, suggesting that an individual's behavioral intentions are shaped by their attitudes towards the behavior, subjective norms, and perceived control over the behavior.

Intention To Act

A mental state that represents a commitment to carrying out an action or actions in the future.

Subjective Norms

Beliefs about the social pressures to perform or not perform a particular behavior, which can influence an individual's actions.

Perceived Behavioral Control

An individual's belief in their capability to exert control over their own behavior.