Vicki's Dance Studio bills a client for dancing lessons earned during the past week. The journal entry will include a credit to

A. Cash
B. Common Stock
C. Accounts Receivable
D. Service Revenue

Ans: D. Service Revenue

Business

You might also like to view...

What is vendor-managed inventory (VMI)?

What will be an ideal response?

Business

The evidence on entrepreneurial personalities leads to all of the following conclusions EXCEPT ________

A) the cultural context in which individuals were raised will have an effect B) people with this personality thrive under the rules, regulations and controls imposed by bureaucracies C) people with this personality are not likely to be contented, productive employees in the typical large corporation D) the challenges and conditions inherent in starting one's own business mesh well with this personality E) prefer to be personally responsible for solving problems

Business