A Business Performs Services for a Customer for $26,000 on Account.Which

question 172

Multiple Choice

A business performs services for a customer for $26,000 on account.Which of the following accounts is credited?

• A) Cash
• B) Accounts Receivable
• C) Service Revenue
• D) Accounts Payable

Understand the mechanisms and conditions affecting igneous rock textures.

Identify and categorize various igneous rock textures such as welded, glassy, vesicular, and porphyritic textures.

Distinguish between the formational environments of igneous rocks based on texture and composition.

Describe the processes involved in the cooling and solidification of magma or lava and their outcomes on rock texture.

---

Definitions:

Transaction

An instance of buying or selling something; a business deal or action.

Utmost Good Faith

A legal doctrine requiring parties in certain types of contracts, such as insurance, to act honestly and disclose all relevant information.

Transaction

The act of conducting business or exchanging goods, services, or financial assets between parties.