What Would Be the Account Balance in the Revenue Ledger

question 136

Multiple Choice

What would be the account balance in the revenue ledger account after the following transactions?
$$\begin{array} { | l | r | } \hline \text { Performed services and left a bill } & \$ 4,200 \\\hline \text { Performed services and collected immediately } & \$ 3,500 \\\hline \text { Performed services and billed customer } & \$ 2,200 \\\hline \text { Performed services on account } & \$ 6,000 \\\hline \text { Received partial payment on account } & \$ 1,500 \\\hline\end{array}$$

• A) $17,400 Credit
• B) $14,400 Credit
• C) $14,400 Debit
• D) $15,900 Credit
• E) $15,900 Debit

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Definitions:

Just-noticeable Difference

The smallest change in intensity of a stimulus that can be detected.

Absolute Threshold

The minimum intensity of a stimulus at which it can be detected by an individual at least 50% of the time.

Difference Threshold

The minimum difference in stimulation that a person can detect 50% of the time, also known as just noticeable difference (JND).

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant stimuli over time.