Customers Paid $8,000 on Their Accounts

question 2

Multiple Choice

Customers paid $8,000 on their accounts.Which accounts are affected by this transaction?

• A)Revenue and Retained Earnings increase $8,000.
• B)Cash and Revenue increase $8,000.Liabilities and Expense increase $8,000.
• C)Cash increases $8,000 and Accounts Receivable decreases $8,000.Revenue and Retained Earnings are unchanged.
• D)Cash and liabilities decrease $8,000.

---

Definitions:

Kaizen

A Japanese philosophy that focuses on continuous improvement in all aspects of life, including business and manufacturing processes.

Nadler-Tushman Model

A framework for diagnosing organizational behavior and performance, focusing on the interactions among strategy, structure, and organizational processes.

Organizational Change

The process through which companies or institutions modify existing processes, culture, or structures to achieve new objectives or improve performance.

Structure Change

Modifications or alterations in the organizational architecture, including reshaping departments, authority lines, and job roles to improve efficiency or adapt to new strategies.