A Business Maintains Subsidiary Accounts for Each of Its Customers

question 38

Multiple Choice

A business maintains subsidiary accounts for each of its customers.On May 15,the business provides services on account: $2400 to customer J.Anthony ;$4300 to customer A.Martin;and $1800 to customer S.Lee.Which journal entry is needed to record these transactions?

---

Definitions:

Values

Fundamental beliefs or standards of an individual or group that guide behavior and decision making.

Mutual Empathy

A shared understanding and reciprocal feeling of empathy among individuals, fostering a sense of connection and support.

Personal Control

An individual's ability to influence or manage their own behavior and environment.

Optimism

The inclination to maintain a hopeful and positive attitude towards the future, expecting good outcomes.