Which of the Following Journal Entries Would Be Recorded If $$\begin{array} { | l | r | r | } \hline \text { Service revenue } & 400 & \\\hline \text { Accounts payable } & & 400 \\\hline\end{array}$$

question 44

Multiple Choice

Which of the following journal entries would be recorded if a business renders services and receives cash of $400 from the customer?

• A) \[\begin{array} { | l | r | r | }
• \hline \text { Service revenue } & 400 & \\
• \hline \text { Accounts payable } & & 400 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | r | r | }
• \hline \text { Service revenue } & 400 & \\
• \hline \text { Accounts receivable } & & 400 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | r | r | }
• \hline \text { Service revenue } & 400 & \\
• \hline \text { Cash } & & 400 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | l | r | r | }
• \hline \text { Cash } & 400 & \\
• \hline \text { Service revenue } & & 400 \\
• \hline
• \end{array}\]

Analyze the characteristics and implications of being an entity theorist versus an incremental theorist.

Identify different forms of decision avoidance and their underlying reasons.

Understand how social psychology explains attraction and changes in perception under specific conditions.

Understand different stages of moral development and be able to identify characteristics of each stage.

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