What Is the Best Explanation for This Journal Entry

question 201

Multiple Choice

What is the best explanation for this journal entry?

• A) Received cash for services performed
• B) Received cash for services to be performed in the future.
• C) Paid cash in advance for services to be done.
• D) Paid cash for services to be performed.

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Definitions:

Digital Millennium Copyright Act

is a U.S. law that addresses the rights of copyright owners in the digital age, providing protections and establishing liabilities for circumventing digital rights management technologies.

Copyrighted Material

Works of original authorship that are fixed in a tangible form of expression and protected by copyright law.

Piracy Online

The unauthorized use, distribution, or reproduction of copyrighted material through the internet.

Criminal Liability

The legal responsibility one bears for committing a crime, subject to prosecution and potential conviction.