What Effects Does This Journal Entry Have on the Accounts

question 69

Multiple Choice

$$\begin{array} { | l | l | c | l | l | l | } \hline \text { March } & 10 & \text { Accounts Payable } & & 800 & \\\hline & & \text { Cash } & & & 800 \\\hline & & \text { Paid creditors on account. } & & & \\\hline\end{array}$$ What effects does this journal entry have on the accounts?

• A) decrease Accounts Payable, increase Cash
• B) increase Cash, decrease Accounts Payable
• C) increase Accounts Payable, increase Cash
• D) decrease Accounts Payable, decrease Cash

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Definitions:

Research Psychologists

Professionals who study and conduct experiments to understand human and animal behavior and mental processes.

Clinical Psychologists

Professionals specializing in diagnosing and treating mental illness, emotional disturbances, and dysfunctional behavior through therapy.

Government Agencies

Organizations established by a government to administer specific functions and services to the public.

Critical Thinkers

Individuals who actively engage in analysis, evaluation, and synthesis of information in order to form a judgment or conclusion.