Under the Alternative Method for Accounting for Unearned Revenue, Which

question 240

Multiple Choice

Under the alternative method for accounting for unearned revenue, which of the following pairs of journal entry formats is correct?

• A) \[\begin{array} { | l | l | }
• \hline{ \text { Initial Entry } } & { \text { Adjusting Entry } } \\
• \hline \text { Consulting Revenue } & \text { Unearned Revenue } \\
• \hline \text { Cash } & \text { Consulting Revenue } \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | l | }
• \hline{ \text { Initial Entry } } & { \text { Adjusting Entry } } \\
• \hline \text { Cash } & \text { Unearned Revenue } \\
• \hline \text { Unearned Revenue } & \text { Cash } \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | l | }
• \hline{ \text { Initial Entry } } &{ \text { Adjusting Entry } } \\
• \hline \text { Cash } & \text { Consulting Revenue } \\
• \hline \text { Consulting Revenue } & \text { Unearned Revenue } \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | l | l | }
• \hline { \text { Initial Entry } } & { \text { Adjusting Entry } } \\
• \hline \text { Cash } & \text { Unearned Consulting Revenue } \\
• \hline \text { Unearned Consulting Revenue } & \text { Consulting Revenue } \\
• \hline
• \end{array}\]
• E) \[\begin{array} { | l | l | }
• \hline{ \text { Initial Entry } } & { \text { Adjusting Entry } } \\
• \hline \text { Cash } & \text { Consulting Revenue } \\
• \hline \text { Unearned Revenue } & \text { Unearned Revenue } \\
• \hline
• \end{array}\]

---

Definitions:

Dehiscence

The splitting or bursting open of a wound or surgical incision, often leading to complications in healing.

Obese Patient

A patient with a significantly high amount of body fat or a BMI (Body Mass Index) of 30 or above, increasing risk for various health conditions.

Perioperative Nursing

Involves providing care for patients who are undergoing surgery, from preoperative preparation through to postoperative recovery.

Preceptor

An experienced practitioner who supervises, teaches, and offers guidance to a student or new employee in a clinical setting.