A Company Received $5,000 for 100 One-Year Subscriptions on July

question 66

Multiple Choice

A company received $5,000 for 100 one-year subscriptions on July 1. The journal entry to record this cash receipt would include a:

• A)credit to Accounts Payable for $5,000.
• B)debit to Prepaid Expenses for $5,000.
• C)credit to Unearned Revenue for $5,000.
• D)debit to Note Payable for $5,000.

---

Definitions:

Orexin

Orexin, also known as hypocretin, is a neuropeptide that regulates arousal, wakefulness, and appetite, playing a significant role in sleep-wake cycles.

Blood Glucose

The concentration of glucose present in the blood, crucial for energy supply to cells and seen as a key marker in the diagnosis and management of diabetes.

Ghrelin

A hormone produced by the stomach that stimulates hunger and food intake, playing a significant role in body weight and metabolism.

Hunger-triggering

Prompting or causing a sensation of the need to eat.