Complete the Following Entries by Using a "Debit" or "Credit

question 41

Essay

Complete the following entries by using a "debit" or "credit".
Received payment from a customer. Cash would have a: ________
Owner makes an investment of equipment. Capital would have a: ________
Paid rent in advance. Prepaid Rent would have a: ________
Billed a customer for services rendered. Revenue would have a: ________
Paid an advertising bill received last month. Cash would have a: ________
Owner withdrew cash. Withdrawals would have a: ________

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Definitions:

Prejudice

An unfounded or biased preconception or attitude towards individuals or groups based on characteristics like race, gender, or social status.

Discrimination

refers to unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by prejudice against others.

Facts

Statements or information that are true and can be verified or proven.