Techno Technical Services Is Working on a Six-Month Job for a Client,starting

question 6

Multiple Choice

Techno Technical Services is working on a six-month job for a client,starting on February 1.It will collect $24,000 from its customer when the job is finished but the revenue is earned evenly over the six months.On March 31,before adjusting entries are made,Techno's Accounts Receivable account had a debit balance of $3,000.After the March 31 monthly adjusting entry has been made,what will be the balance in Accounts Receivable?

• A)Debit balance of $4,000
• B)Credit balance of $20,000
• C)Debit balance of $7,000
• D)Debit balance of $24,000

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Definitions:

ECG Changes

Alterations in the electrocardiogram, indicating abnormalities in the electrical activity of the heart, which can signal various cardiac conditions.

Dehydration

A state where the body loses more fluids than it takes in, leading to a deficiency in the amount of water and electrolytes, which can affect bodily functions.

Water Volume

The quantity of water present in a particular system, body, or area, often related to hydration status in medical contexts.

Intravascular

Situated within or occurring inside a blood vessel.