Techno Technical Services Is Working on a Six-Month Job for a Client,starting

question 147

Multiple Choice

Techno Technical Services is working on a six-month job for a client,starting on February 1.It will collect $30,000 from its customer when the job is finished but the revenue is earned evenly over the six months.On March 31,before adjusting entries are made,Techno's Accounts Receivable account had a debit balance of $6,000.After the March 31 monthly adjusting entry has been made,what will be the balance in Accounts Receivable?

• A)Debit balance of $5,000
• B)Credit balance of $25,000
• C)Debit balance of $11,000
• D)Debit balance of $30,000

---

Definitions:

Formal Approach

A structured method or procedure in management and organization, characterized by established rules and regulations.

HR Planners

Professionals within an organization who are responsible for developing strategies to meet future workforce needs, matching human capital to business objectives.

External Environment

The external forces, including economic, political, social, technological, and legal factors, that can influence an organization's activities and performance.

Human Resource Planning

The strategic approach to forecasting, planning, and meeting the current and future human capital needs of an organization.