Bryson Accounting Services Performed Accounting Services for a Client in December.A

question 1

Multiple Choice

Bryson Accounting Services 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:

Digestion

The biological process by which organisms break down food into smaller components, enabling nutrient absorption and waste elimination.

Organic Molecules

Carbon-based molecules, typically found in living systems, that include compounds such as carbohydrates, lipids, proteins, and nucleic acids, essential for life.

Enzymes

Proteins that act as biological catalysts to speed up chemical reactions in cells.