Which of the Following Transactions Would Involve a Debit to an Asset

question 14

Multiple Choice

Which of the following transactions would involve a debit to an asset account?

• A)recording depreciation expense on capital assets
• B)payment of an accounts payable
• C)payment of a dividend
• D)collection of an accounts receivable

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Definitions:

Consistency

The quality of always acting or behaving in the same way, showing uniformity in essential features.

Lead Scoring

Analytics-based sales approach in which a company numerically rates its best prospective customers.

Numerically Rates

A method of evaluating or scoring something based on a numerical scale.

Prospective Customers

Individuals or entities that are considered potential buyers for products or services, but have not yet made a purchase.