When a Company Provides Services on Account,which of the Following

question 67

Multiple Choice

When a company provides services on account,which of the following would be recorded using cash-basis accounting?

• A)Debit to Cash.
• B)Debit to Service Revenue.
• C)Credit to Unearned Revenue.
• D)No entry would be recorded.

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Definitions:

Phytochrome

A blue-green, proteinaceous pigment involved in a wide variety of physiological responses to light; occurs in two interconvertible forms, Pr (red-absorbing phytochrome) and Pfr (far-red-absorbing phytochrome).

Bolting

The production of a tall flower stalk by a plant that grows vegetatively as a rosette (growth habit with a short stem and a circular cluster of leaves).

Gibberellins

A group of plant hormones that regulate growth and influence various developmental processes, including stem elongation, germination, and flowering.

Floral Stalk

The stem or support of a flower, facilitating its connection to the rest of the plant.