A Payment of $400 to a Creditor, on Account, Will

question 24

Multiple Choice

A payment of $400 to a creditor, on account, will cause:

• A)cash to be debited for $400.
• B)accounts receivable to be credited for $400.
• C)accounts payable to be debited for $400.
• D)accounts payable to be credited for $400.

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Definitions:

No Anticoagulant

A condition or directive indicating that no substances that prevent blood clotting (anticoagulants) are to be used.

Silicon Coating

A layer of silicon applied over materials to protect them from damage by heat, corrosion, or electrical conductivity.

Gel Separator

A material used in blood collection tubes that separates blood cells from serum or plasma after centrifugation.

Clot Activator

A substance used in blood collection tubes that encourages blood clotting, facilitating serum separation for testing.