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Which of the Following Entries Would Be Made as the Result

Question 114

Multiple Choice

Which of the following entries would be made as the result of the revenue principle?


A)  Service revenue 1,000 Service revenue 1,000\begin{array} { | l | r | r | } \hline \text { Service revenue } & 1,000 & \\\hline \text { Service revenue } & & 1,000 \\\hline\end{array}
B)  Accounts receivable 1,000 Service revenue 1,000\begin{array} { | l | r | r | } \hline \text { Accounts receivable } & 1,000 & \\\hline \text { Service revenue } & & 1,000 \\\hline\end{array}
C)  Salary expense 1,000 Accounts payable 1,000\begin{array} { | l | r | r | } \hline \text { Salary expense } & 1,000 & \\\hline \text { Accounts payable } & & 1,000 \\\hline\end{array}
D)  Depreciation expense 1,000 Accumulated depreciation 1,000\begin{array} { | l | r | r | } \hline \text { Depreciation expense } & 1,000 & \\\hline \text { Accumulated depreciation } & & 1,000 \\\hline\end{array}

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