Vic's Mart Collects $200 of Its Accounts Receivable

question 70

Multiple Choice

Vic's Mart collects $200 of its accounts receivable.The expanded accounting equation impact is:

• A)Cash and Capital increase $200.
• B)Cash and Revenue increase $200.
• C)Cash increases and Accounts Receivable decreases $200.
• D)Accounts Receivable decreases and Capital increases $200.

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Definitions:

Variable Force

A force that changes in magnitude and/or direction over time.

Adaptation

A process by which organisms become better suited to their environment to survive and reproduce.

Genetic Cloning

The process of creating genetically identical copies of an organism, cell, or DNA sequence using biotechnological methods.

Evolutionary Forces

Elements such as natural selection, mutation, gene flow, and genetic drift that cause changes in the genetic composition of a population over time.