Which Pair of Accounts Has the Same Set of Rules

question 74

Multiple Choice

Which pair of accounts has the same set of rules for debit and credit entries?

• A)Service Revenue and Rent Expense
• B)Dividends and Retained Earnings
• C)Equipment and Salaries Expense
• D)Accounts Receivable and Accounts Payable

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Definitions:

Fungi

A kingdom of spore-producing organisms feeding on organic matter, including molds, yeast, mushrooms, and toadstools, distinct from plants and animals.

Enzymes

Proteins that act as biological catalysts, speeding up reactions in cells without being consumed in the process.

Proteins

Large, complex molecules made up of amino acids that perform a vast array of functions, including catalyzing metabolic reactions, DNA replication, and transporting molecules.

Monomer

Molecule that is a subunit of a polymer.