Read Each of the Following Transactions

question 24

Essay

Read each of the following transactions.Determine the accounts to be debited and credited.
A)Issued a check for $10,600 to pay a $10,000 note plus interest of $600.
B)Issued a check for $1,500 to pay the monthly rent.
C)Issued a check for $7,840 to a creditor on account for an invoice of $8,000 less a cash discount of $160.

• A)Issued a check for $10,600 to pay a $10,000 note plus interest of $600.
• B)Issued a check for $1,500 to pay the monthly rent.
• C)Issued a check for $7,840 to a creditor on account for an invoice of $8,000 less a cash discount of $160.

---

Definitions:

Eco-Efficiency Measures

Eco-efficiency measures are strategies implemented by companies to enhance their environmental performance while simultaneously improving cost efficiency.

Triple Bottom Line

A sustainability framework that evaluates a company's performance according to its impact on people, planet, and profit.

Corporate Social Responsibility

An approach by companies to conduct their business in an ethical way, taking into account their impact on society, the economy, and the environment.

CSR Capital Investments

Spending by businesses on projects that improve society or the environment, in addition to seeking financial returns.