In the Case of Unearned Revenue, the Adjusting Entry at the End

question 72

True/False

In the case of unearned revenue, the adjusting entry at the end of the period includes a debit to Service Revenue. Assume the unearned revenue is initially recorded as a liability.

---

Definitions:

Classical Conditioning

A learning procedure where two stimuli are constantly paired; initially, the second stimulus elicits a response which eventually is elicited by the first stimulus alone.

Vicarious Reinforcement

A process in behavioral psychology where individuals learn through the consequences of actions observed in others, rather than through direct experience.

Shaping

A method of operant conditioning by which successive approximations towards a desired behavior are reinforced.

Operant Conditioning

A learning technique that uses incentives and penalties to influence behavior, thereby affecting the probability of its recurrence.