Credit Sales Are Recorded As

question 125

Multiple Choice

Credit sales are recorded as:

• A)Debit Cash,credit Deferred Revenue.
• B)Debit Service Revenue,credit Accounts Receivable.
• C)Debit Cash,credit Service Revenue.
• D)Debit Accounts Receivable,credit Service Revenue.

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Definitions:

DSM-IV-TR

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, Text Revision; a manual published by the American Psychiatric Association detailing diagnostic criteria for mental disorders.

Disruptive Behavior Patterns

Actions or sequences of actions that interrupt the normal flow or functioning of a social or operational system.

Significant Behavior Patterns

Regularly occurring actions or reactions that have importance in predicting or understanding an individual's behavior.

Obsessions

Persistent, unwanted thoughts, images, or impulses that cause significant distress or anxiety.