Credit sales are recorded as:

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


Answer: C

Business

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Indicate whether the statement is true or false

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Edward had tossed and turned all night, sleeping poorly, worrying about his production management responsibilities. Now, in this morning's meeting with Tanya, his best worker, he can barely stay awake, much less pay attention to what she is saying. The communication process is being hampered by

A. an attitudinal barrier. B. noise. C. ambiguity. D. a language barrier. E. perceptual bias.

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Identify three common features of contracts between buyers and suppliers

What will be an ideal response?

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Business