What Would Be the Account Balance in the Service Revenue

question 94

Multiple Choice

What would be the account balance in the Service Revenue account after the following transactions, assuming a zero beginning balance??

• A)$17,400 credit
• B)$14,400 credit
• C)$14,400 debit
• D)$15,900 credit
• E)$15,900 debit

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Definitions:

Orderly Development

The concept that human growth and development follows a predictable, sequential pattern, typically observed from infancy through adulthood.

Biological Growth

The process of physical development and increase in size, which occurs in living organisms through cell division and differentiation.

Conservation

In psychology, the understanding that certain properties of objects or substances remain the same even when their appearance changes, a concept developed by Jean Piaget.

Object Permanence

The comprehension that objects remain in place even when they're not visible, audible, or detectable in any sensory manner.