Which of the Following Journal Entries Would Decrease Stockholders' Equity

question 47

Multiple Choice

Which of the following journal entries would decrease stockholders' equity?

• A)Debiting Prepaid Insurance and crediting Cash.
• B)Debiting Unearned Revenue and crediting Revenue.
• C)Debiting Supplies and crediting Accounts Payable.
• D)Debiting Insurance Expense and crediting Cash.

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Definitions:

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A method used in experimental psychology and animal studies to assess spatial learning and memory.

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Mistakes or deviations from accuracy and correctness in actions, thoughts, or judgments.

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A numerical indicator that demonstrates how significantly two variables move in tandem, highlighting the intensity and orientation of their connection.

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A numerical representation of a student's academic performance, typically on a scale from 0 to 4.0, used by educational institutions to measure overall achievement.