Using the T-Account Approach

question 31

Multiple Choice

Using the T-account approach:

• A)Net income appears on the debit side of the cash account under operating activities.
• B)Payment of long-term debt appears on the debit side of the cash account under financing activities.
• C)Purchase of equipment appears on the credit side of the cash account under operating activities.
• D)An increase in accounts receivable appears on the debit side of the cash account.

---

Definitions:

Push Strategy

A marketing approach where a product is promoted by pushing it through distribution channels to the end consumers.

Promotional Mix

The combination of marketing tools utilized by a business to communicate and promote its products or services to the target audience.

Channel Members

Individuals or entities that are involved in the process of moving goods or services from producers to consumers within the supply chain.

Manufacturer

A business that produces goods in large numbers using machinery.