Bob Purchased a New Computer for the Company on Account

question 167

Multiple Choice

Bob purchased a new computer for the company on account. The transaction will

• A) increase Computer; increase Capital.
• B) decrease Cash; increase Accounts Payable.
• C) decrease Cash; increase Computer.
• D) increase Computer; increase Accounts Payable.

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Definitions:

After Effects

A digital visual effects and motion graphics software developed by Adobe Systems, used for filmmaking and television production.

Vector Images

Graphics defined by lines and curves based on mathematical expressions, allowing for scaling without quality loss.

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Digital images composed of a matrix of dots or pixels, each having a specific color and brightness, used in computer graphics.

Lossy Compression

A data encoding method that reduces file size by removing some information, potentially diminishing quality.