What Would Be the Appropriate Entry for the Following Transaction

question 200

Multiple Choice

What would be the appropriate entry for the following transaction?
Bill Co.performed $5,200 in consulting services on account

• A)Credit to Cash,Debit to Accounts Receivable
• B)Debit to Revenue,Debit to Cash
• C)Debit to Accounts Receivable,Credit to Cash
• D)Debit to Revenue,Credit to Cash
• E)Debit to Accounts Receivable,Credit to Revenue

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Definitions:

Mathematical Relationship

A quantifiable correlation or association between two or more variables or sets of data, often represented using equations or models.

Behavioral Prediction

The process of forecasting future behavior based on past and present observations of behavior patterns and trends.

Secondary Drives

Learned drives that are associated with the satisfaction of primary needs, such as the drive to earn money, which can help fulfill basic survival needs.

Acquired Drives

Secondary drives that are learned through conditioning, such as desire for money or achievement, rather than primary drives like hunger or thirst.