Which of the Following Entries Would Be Used to Record

question 59

Multiple Choice

Which of the following entries would be used to record the billing of fees earned?

• A) Debit Accounts Receivable and credit Rental Fees
• B) Credit Cash and credit Rental Fees
• C) Debit Cash and credit Rental Fees
• D) Debit Cash and debit Rental Fees

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Definitions:

Basketball

A team sport in which two teams, most commonly of five players each, opposing one another on a rectangular court, compete with the primary objective of shooting a basketball through the defender's hoop.

Rat

A small rodent, often used in scientific research, that can be either a wild pest or a domesticated pet.

Punishment

A consequence applied with the intention of reducing or eliminating an unwanted behavior by causing discomfort or taking away a desired stimulus.

Guidelines

Instructions or principles that direct actions or decisions.