The Journal Entry to Record $2,450 of Revenue Earned and Received

question 22

Multiple Choice

The journal entry to record $2,450 of revenue earned and received in cash by Agatha Panthis Landscape Architect Company is:

• A) Debit Fees Income;Credit Accounts Receivable
• B) Debit Cash;Credit Fees Income
• C) Debit Fees Income;Credit Cash
• D) Debit Accounts Receivable;Credit Fees Income

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Definitions:

Dispositional Attributions

The tendency to attribute an individual's behavior to internal factors, such as personality traits or disposition, rather than external situational influences.

Situational Attributions

The process of attributing behavior to external factors, including the situation or the environment in which the behavior occurs.

Cognitive Dissonance

A psychological phenomenon where an individual experiences discomfort due to holding conflicting cognitions, prompting them to seek consistency.

Role Playing

A method for exploring the behaviors and attitudes of individuals by having them act out roles in specific scenarios.