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Bates Corporation Recorded the Adjusting Entry to Recognize $4,000 of Revenue

question 151

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Bates Corporation recorded the adjusting entry to recognize $4,000 of revenue previously recorded as unearned. Which of the following shows the proper entry using T-accounts?


Definitions:

Check Box

An interactive box in forms or questionnaires that can be checked or unchecked to make a selection or indicate a decision.

Cell Link

A feature in spreadsheet software that creates a dynamic connection between a cell's value and that of another cell or worksheet.

Command Button

A user interface element that executes a specific command or action when clicked by the user.

Name

In the context of computing and databases, it refers to a unique identifier assigned to entities such as files, variables, functions, and other elements.

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