Which of the Following Entries Records the Receipt of Cash

question 111

Multiple Choice

Which of the following entries records the receipt of cash from cash customers for services provided?

• A) Fees Earned, debit; Cash, credit
• B) Fees Earned, debit; Accounts Receivable, credit
• C) Cash, debit; Fees Earned, credit
• D) Accounts Receivable, debit; Fees Earned, credit

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Definitions:

Connectedness

The feeling of belonging and having close relationships with others, contributing to a person’s emotional and psychological well-being.

Ultimate Reality

The underlying foundation of all existence, often considered in philosophical or theological discussions to denote the most fundamental nature of the universe.

Atheist/Agnostic

A belief system where an atheist lacks belief in deities, while an agnostic holds a view that the existence of deities is unknown or unknowable.

Spirituality

The quality of being concerned with the human spirit or soul as opposed to material or physical things; often involves a sense of connection to something bigger than oneself.