Gi Gi's Dance Studio Provided $150 of Dance Instruction and Rented

question 127

Multiple Choice

Gi Gi's Dance Studio provided $150 of dance instruction and rented out its dance studio to the same client for another $100.The client paid immediately.Identify the general journal entry below that Gi Gi's will make to record the transaction.

• A) \[\begin{array} { | l | r | r | }
• \hline \text { Rental Revenue } & 100 & \\
• \hline \text { Instruction Revenue } & 150 & \\
• \hline \text { Cash } & & 250 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | r | r | }
• \hline \text { Accounts Payable } & 250 & \\
• \hline \text { Rental Revenue } & & 100 \\
• \hline \text { Instruction Revenue } & & 150 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | r | r | }
• \hline \text { Cash } & 250 & \\
• \hline \text { Rental Revenue } & & 100 \\
• \hline \text { Instruction Revenue } & & 150 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | l | r | r | }
• \hline \text { Accounts Receivable } & 250 & \\
• \hline \text { Rental Revenue } & & 100 \\
• \hline \text { Instruction Revenue } & & 150 \\
• \hline
• \end{array}\]
• E) \[\begin{array} { | l | r | r | }
• \hline \text { Unearned Revenue } & 250 & \\
• \hline \text { Rental Revenue } & & 100 \\
• \hline \text { Instruction Revenue } & & 150 \\
• \hline
• \end{array}\]

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Definitions:

Collective Action

The pursuit of a goal or set of goals by a group of individuals working together, often in the context of social or political issues.

Person-to-person Contact

Direct interaction between individuals, encompassing both physical and non-physical forms of communication.

Valued

Considered to be important, beneficial, or of significant worth to an individual or group.

Parliamentary Procedure

A collection of guidelines for behavior during meetings ensuring everyone's opinions are considered and decisions can be made clearly without misunderstandings.