Which of the Following Results in a Debit Entry to the Account

question 44

Multiple Choice

Which of the following results in a debit entry to the account identified?

• A)Increase in shareholders' equity
• B)Recording interest revenue
• C)Payment on accounts receivable
• D)Decrease in shareholders' equity

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Definitions:

Antecedent

The conditional clause that represents the if-part in a conditional statement, where its truth logically necessitates the truth of the consequent.

Modus Ponens

A logical form of argument where, from two premises, one asserts a condition and the other affirms that condition, leading to a conclusion.

Hypothetical

Pertaining to a proposition or statement whose truth depends on conditions or variables not yet specified.

Pure Hypothetical

A proposition or scenario that is entirely based on conjecture or speculation, without any necessity for it to have real-world applicability.