Your Bookkeeper Is Off for the Day and You Are

question 128

Multiple Choice

Your bookkeeper is off for the day and you are trying to figure out what her last entry in the journal could be for.Unfortunately, she only recorded the debit side of the transaction as $4,400 to Accounts Payable.It is possible that this debit could correspond to:

• A) A purchase of equipment costing $4,400 on credit.
• B) A payment of $4,400 to a supplier to settle a balance due.
• C) A $4,400 sale to a customer.
• D) A $4,400 issuance of the company's capital stock.

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Definitions:

Qualified Applicants

Qualified applicants are individuals who meet the specific criteria and requirements set by employers for a particular job, including education, experience, skills, and other qualifications.

Human Resource Management

The strategic approach to the effective management of people in a company or organization to help their business gain a competitive advantage.

Employee Selection

The process of evaluating and choosing individuals to fill job vacancies in an organization through various assessment methods.

Human Capital Perspective

A view that considers employees as assets whose value can be enhanced through investment in education, training, and development.