In November,cash Is Received in Advance of Rendering Services

question 186

Multiple Choice

In November,cash is received in advance of rendering services.Assuming that the services have been performed by December 31,the adjusting entry would be

• A) Unearned Service Revenue - Debit; Cash - Credit
• B) Cash - Debit; Service Revenue - Credit
• C) Unearned Service Revenue - Debit; Service Revenue - Credit
• D) Service Revenue - Debit; Prepaid Services - Credit

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Definitions:

Microorganisms

Microscopic organisms that include bacteria, viruses, fungi, and protozoa.

Offensive

Causing upset or harm; often relating to behavior or material that is rude or attacking.

Allergies

A condition in which the immune system reacts abnormally to a foreign substance.

Nausea

A feeling of unease and discomfort in the stomach with an urge to vomit.