If a Company Recorded a $5,500 Credit Card Transaction and the Credit

question 14

Multiple Choice

If a company recorded a $5,500 credit card transaction and the credit card discount was 4%,what is the correct entry to accounts receivable?

• A)Dr.Accounts Receivable $5,720
• B)Dr.Accounts Receivable $5,280
• C)Cr.Accounts Receivable $5,720
• D)Cr.Accounts Receivable $5,280

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Definitions:

2 × 2 Factorial Design

An experimental design involving two independent variables, each at two levels, exploring their effect individually and interactively.

Simple Main Effect of Gender

The isolated impact of gender on a dependent variable within a factorial study design, disregarding the influence of other interacting factors.

Interactions

In research, refers to the way different variables influence each other, often modifying the effects of one variable on another.

Simple Main Effect of Age

The specific impact of age on a dependent variable in a study that involves multiple independent variables, analyzed at levels of other interacting factors.