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:

REM Dreams

Refers to the vivid, often narrative dreams that occur during the REM (rapid eye movement) phase of sleep, characterized by increased brain activity.

Non-REM Sleep

The portion of sleep that is not characterized by rapid eye movement (REM), consisting of three stages that progressively deepen from light to deep sleep.

Visual

Relating to seeing or sight, often used to describe objects or the ability to perceive with the eyes.

Light Sleep

A stage of sleep characterized by easy awakenings, decreased body movement, and lessened brain activity compared to deep sleep.