The Reason That Revenue Is Recorded by a Credit Entry

question 13

Multiple Choice

The reason that revenue is recorded by a credit entry to a revenue account is:

• A)That revenue always involves a debit to the Cash account.
• B)Explained by the realization principle.
• C)Explained by the matching principle.
• D)That revenue increases owners' equity.

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Definitions:

Culturally Responsive

An approach that recognizes and respects diverse cultural backgrounds and practices as integral to effectively teaching and engaging individuals or communities.

Time-intensive

Describing activities or tasks that require a substantial amount of time to complete, often implying significant commitment and effort.

Cytosol

The aqueous component of the cytoplasm of a cell, within which various organelles and particles are suspended.

Organelles

Specialized structures within a cell that perform specific functions, like mitochondria, ribosomes, and the endoplasmic reticulum.