A Creditor's Account in the Accounts Payable Ledger Has a $1,600

question 12

Multiple Choice

A creditor's account in the accounts payable ledger has a $1,600 beginning balance.After a transaction for $700 is posted from the purchases journal,the balance of the creditor's account is

• A) $2,300 debit.
• B) $900 credit.
• C) $2,300 credit.
• D) $900 debit.

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Definitions:

Periosteum

A dense layer of vascular connective tissue enveloping the bones except at the surfaces of the joints.

Diaphysis

The shaft or central part of a long bone, which is composed mainly of compact bone and contains the medullary cavity.

Epiphyses

The ends of long bones, where growth in length occurs during childhood and adolescence.

Long Bones

Bones that are longer than they are wide and serve as levers for movement, such as the femur.