Which of the Following Entries Records the Collection of Cash

question 166

Multiple Choice

Which of the following entries records the collection of cash from cash customers?

• A) Fees Earned, debit; Cash, credit
• B) Fees Earned, debit; Accounts Receivable, credit
• C) Cash, debit; Fees Earned, credit
• D) Accounts Receivable, debit; Fees Earned, credit

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Definitions:

Absolute Threshold

The smallest intensity of a stimulus that can be detected by the senses at least 50% of the time.

Auditory Convergence

The coordination and integration of sound signals from both ears in the brain, contributing to the localization and understanding of sound.

Refractory Threshold

The minimum duration needed after an action potential initiation during which another action potential cannot be triggered in a neuron.

Absolute Threshold

The minimum intensity of a stimulus that one can detect 50% of the time, marking the boundary between perceivable and imperceptible stimulus intensity.