A Business Receives $40,000 for Services That It Will Perform

question 131

Multiple Choice

A business receives $40,000 for services that it will perform over the next four months.Which of the following accounts is credited?

• A) Cash
• B) Accounts Payable
• C) Service Revenue
• D) Unearned Revenue

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Definitions:

Free Nerve Endings

Sensory receptors found in the skin and mucosa that respond to pain, temperature, touch, and pressure.

Temperature Change

A variation in the degree of hotness or coldness of a body or environment, typically measured in degrees Celsius or Fahrenheit.

Memory

The ability of the brain to store, retain, and recall information and experiences.

Golgi Tendon Organs

Sensory receptors located at the junction of muscles and tendons that monitor tension developed in muscles, helping to prevent damage from excessive force.