A Journal Entry Which Records Revenue Must Include

question 33

Multiple Choice

A journal entry which records revenue must include:

• A)A debit to Cash.
• B)A credit to a revenue account.
• C)A credit to the owners' equity account.
• D)A debit to the owners' equity account.

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Definitions:

Moon's Phases

The various appearances of the moon in the sky, caused by the positions of the moon, Earth, and sun.

Practice Homework

Assignments given to students to complete outside of school hours, intended to reinforce learning and practice skills taught in class.

Integration Homework

Assignments designed to reinforce learning by integrating different skills or subjects, encouraging students to apply what they have learned in a comprehensive manner.

Corporate Volunteer Programs

Initiatives set up by businesses to encourage their employees to volunteer their time towards community service projects.