The Proper Journal Entry to Purchase a Computer Costing $975

question 162

Multiple Choice

The proper journal entry to purchase a computer costing $975 on account to be utilized within the business would be

• A) Office Supplies Accounts Payable
• 975
• 975
• B) Office Equipment Accounts Receivable
• 975
• 975
• C) Office Equipment Accounts Payable
• 975
• 975
• D) Office Supplies Accounts Receivable
• 975
• 975

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Definitions:

Sample

A subset of a population selected for measurement, observation, or questioning to provide statistical information about the whole.

Biased Sample

A sample that does not accurately represent the population from which it was drawn, usually due to prejudiced selection methods.

Representative Sample

A segment of a population that correctly embodies the traits of the entire population group.

Biased Population

A group in which certain characteristics are over- or underrepresented, leading to skewed or unrepresentative sample outcomes.