When Services Are Performed on Account

question 176

Multiple Choice

When services are performed on account:

• A)cash is increased.
• B)revenue will not be recorded until the cash is received from the customer.
• C)accounts receivable is increased.
• D)accounts payable is increased.

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Definitions:

Eroded Away

The process by which earth, rocks, or surface material are worn down and removed by the action of wind, water, or ice.

Butte

An isolated, steep-sided feature that rises above the surrounding landscape.

Angular Fragments

Pieces of rock or mineral that have sharp edges and pointy corners, typically resulting from mechanical weathering processes.

Tilted Rocks

Rocks that have been moved from their original horizontal position to a slanted orientation, typically as a result of tectonic forces.