On January 1,2013,Charlie Keller Paid $2,000 for a Two-Year Membership

question 99

Multiple Choice

On January 1,2013,Charlie Keller paid $2,000 for a two-year membership to the High Beam Gym.High Beam records adjusting entries annually when the company prepares its financial statements.How would the company record the adjusting entry relating to transaction on December 31,2013?

• A)Debit Cash for $2,000 and credit Unearned Membership Revenue for $2,000.
• B)Debit Unearned Membership Revenue for $2,000 and credit Membership Revenue for $2,000.
• C)Debit Unearned Membership Revenue for $1,000 and credit Membership Revenue for $1,000.
• D)Debit Cash for $1,000 and credit Unearned Membership Revenue for $1,000.
• E)Debit Membership Revenue for $2,000 and credit Unearned Membership Revenue for $2,000.

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Definitions:

Chromosome Pairing

The alignment of chromosomes in a pair, usually referring to the homologous chromosomes pairing during meiosis in cell division.

XX

Refers to the pair of sex chromosomes typical in female humans, where each cell usually contains two X chromosomes.

Non-Sex Cells

Cells in an organism that are not involved in reproduction, also known as somatic cells.

Chromosome Variety

The range and differences in chromosome structures and numbers present within or across species, contributing to genetic diversity.