Making a $350 Payment on an Account with a Current

question 16

Multiple Choice

Making a $350 payment on an account with a current balance of $800 would include a:

• A)debit to accounts receivable and a credit to cash for $350.
• B)debit to accounts payable and a credit to cash for $450.
• C)debit to accounts payable and a credit to cash for $350.
• D)debit to accounts receivable and a credit to capital for $350.

---

Definitions:

Corticosteroids

A class of steroid hormones produced in the adrenal cortex or made synthetically, used particularly for their anti-inflammatory and immunosuppressive properties.

Adrenocorticotrophic Hormone

A hormone produced by the anterior pituitary gland that stimulates the production and release of cortisol from the adrenal gland.

Cortisol

A steroid hormone produced by the adrenal glands, often released in response to stress and low blood-glucose concentration.

Interpersonal Conflict

A situation in which two or more people in an interaction perceive incompatible goals or interference in achieving their objectives.