On August 31,2016,Peter Services Received $3,500 in Advance of Performing

question 76

Multiple Choice

On August 31,2016,Peter Services received $3,500 in advance of performing the service.Which journal entry is needed to record the receipt of cash?

• A)Debit Unearned Revenue $3,500,and credit Cash $3,500.
• B)Debit Cash $3,500,and credit Service Revenue $3,500.
• C)Debit Unearned Revenue $3,500,and credit Service Revenue $3,500.
• D)Debit Cash $3,500,and credit Unearned Revenue $3,500.

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Definitions:

Stereotype

A commonly accepted yet simplistic and unchanging perception or representation of a specific kind of individual or object.

Attitudes

Attitudes are psychological tendencies or evaluations expressed by favoring or disfavoring particular people, places, things, or events.

Leadership Styles

The approaches and methods used by leaders to motivate, guide, and manage teams.

Gender

Socially constructed roles, behaviors, expressions, and identities of girls, women, boys, men, and gender diverse people.