The Journal Entry to Record a Note Received from a Customer

question 159

Multiple Choice

The journal entry to record a note received from a customer for the sale of services is:

• A)debit Note Receivable and credit Service Revenue.
• B)debit Service Revenue and credit Note Receivable.
• C)debit Note Payables and credit Note Receivable.
• D)debit Note Receivable and credit Accounts Receivable.

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Definitions:

Avoiding Type

Pertains to individuals who display a pattern of detachment and emotional withdrawal in relationships, often as a defense mechanism against perceived threats to their autonomy or well-being.

Dominant Type

Refers to a personality style or trait characterized by assertiveness, control, and leadership qualities.

Oedipus Complex

A Freudian theory describing a child's feelings of desire for the opposite-sex parent and jealousy towards the same-sex parent.

Social Interest

A concept in Adlerian psychology referring to an individual's attitude towards and awareness of being a part of a community and contributing positively to it.