Inge Industries Received $3,000 from a Customer for Services Rendered

question 156

Multiple Choice

Inge Industries received $3,000 from a customer for services rendered and not previously recorded. Inge's general journal entry to record this transaction will be:

• A) Debit Services Revenue, credit Accounts Receivable.
• B) Debit Cash, credit Accounts Payable.
• C) Debit Cash, credit Accounts Receivable.
• D) Debit Cash, credit Services Revenue.
• E) Debit Accounts Payable, credit Services Revenue.

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Definitions:

Volume Gradient

The difference in concentration of a substance across a space or a membrane, often driving diffusion or movement of substances.

Temperature Gradient

The rate of temperature change in space, reflecting differences in temperature over a specified distance.

Diffusion Gradient

A variance in concentration that permits molecules to move passively from an area of higher concentration to an area of lower concentration.

Respiratory Membrane

The thin barrier in the lungs through which gas exchange between the air in the alveoli and the blood in the capillaries occurs.