An Account That Would Be Increased by a Credit Is

question 41

Multiple Choice

An account that would be increased by a credit is

• A) Cash.
• B) Accounts Receivable.
• C) Utilities Expense.
• D) Accounts Payable.

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Definitions:

Consumer Purchase Tests

Evaluations conducted with potential customers to assess their reaction to a product before it is launched widely in the market.

Sales Tests

Controlled experiments or trials in specific market areas to estimate or predict the sales potential of a product.

Consumer-Oriented Sales Promotions

Sales tools used to support a company’s advertising and personal selling directed to ultimate consumers. Also called consumer promotions.

Advertising

The process of drawing awareness to offerings, necessities, and so forth, through paid adverts from a recognized sponsor.