Twenty additional kayakers pay $3,000 ($150 each), in addition to the $4,000 that was paid in advance on July 30, on the day of the clinic. Tony conducts the first kayak clinic. Record the appropriate journal entry.

Dr Cash (3,000)

Cr Deferred Revenue (4,000)

Cr Service Revenue (Clinic) (7,000)

Explanation:

Preparation of the appropriate journal entry

Since we were told that kayakers pay the sum of $3,000 at $150 each, by adding to the $4,000 that was already paid in advance on July 30 this means we have to record the transaction by Debiting Cash with the amount of (3,000); Crediting Deferred Revenue with the amount of (4,000) and Crediting Service Revenue (Clinic) with the amount of (7,000)

Note that the credit side of the transaction which is Deferred Revenue of 4,000 -Service Revenue (Clinic) of 7,000 will give us (3,000)

Journal entry

Dr Cash (3,000)

Cr Deferred Revenue (4,000)

Cr Service Revenue (Clinic) (7,000)

the toy store

explanation:

cuz he cant afford a real one

prokaryotic cells do not contain a nucleus or any other membrane-bound organelle. eukaryotic cells contain membrane-bound organelles, including a nucleus. so i belive the answer is a : p hope it