Use the Information Below to Answer the Following Questions:
a $\quad$

question 42

Multiple Choice

Use the information below to answer the following questions:
A consultant performs accounting services for a client on 30 June 2012 and bills the client $350, to be paid within 60 days. Payment is duly made on 29 August 2012. Accrual accounting is used by both parties.
-What is the journal entry made by the client on 29 August 2012?

• A) DR Accounting expenses\(\quad\)CR Cash
• B) DR Cash \(\quad\)\(\quad\)\(\quad\)\(\quad\)\(\quad\)\(\quad\) CR Accounting expenses
• C) DR Accounting expenses\(\quad\)CR Accounts payable
• D) DR Accounts payable\(\quad\) \(\quad\)CR Cash

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Definitions:

Functionality

The range of operations and features that a software, website, or electronic device can perform, determining its overall usefulness and performance.

Datasheet View

A way of displaying data in a database application that resembles a table or spreadsheet, allowing users to view and edit records.

Datasheet View

A display format in databases and spreadsheets that presents data in rows and columns, resembling a table or a grid.

Determining Tables

A process or method used to analyze and identify the structure and relationships within data tables.