The Following General Journal Entry Is Made on June 1

question 41

Multiple Choice

The following general journal entry is made on June 1 in the books of Jo Jo. $\begin{array}{lr}&Dr&Cr\\\text { Bills receivable }&\$8197.26\\\text { Unearned interest } & &\$ 197.26 \\\text { Accounts receivable } && \$ 8000.00\end{array}$ To record bills receivable $8 000 x 10% x 90 days/365 days.
The adjusting entry required for interest at balance day on 30 June is:

• A)Debit unearned interest $65.75; credit interest revenue $$65.75
• B)Debit interest revenue $65.75; credit unearned interest $65.75
• C)Debit unearned interest $131.51; credit interest revenue $$131.51
• D)Debit bank $65.75; credit interest revenue $65.75

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Definitions:

Physical Violence

Acts of force with the intention of hurting, damaging, or killing someone or something.

Incest

Sexual behavior between relatives.

Intrafamilial Child Sexual Abuse

Child sexual abuse by biologically and step-related individuals.

Extrafamilial

Refers to influences, behaviors, or interactions that occur outside the immediate family environment.