Dickens Services Company Performed Accounting Services for a Client in December.A

question 142

Multiple Choice

Dickens Services Company performed accounting services for a client in December.A bill was mailed to the client on December 30.The company received a check by mail on January 5.Which of the following accounts should appear on the balance sheet as of December 31 as related to the services performed?

• A) Prepaid Expense
• B) Accounts Receivable
• C) Unearned Revenue
• D) None, there is no entry in December.

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Definitions:

Microorganisms

Tiny living organisms, such as bacteria, viruses, fungi, and algae, that can be seen only with a microscope.

Aseptic Technique

Methods used to prevent contamination by pathogens, particularly in medical procedures or laboratory environments.

Anesthetic

A substance used to induce anesthesia, temporarily reducing or eliminating sensation, often used in surgical procedures to prevent pain.

Forceps

A handheld, hinged instrument used for grasping and holding objects, often used in medical procedures.