Which of the Following Asset Accounts Is Increased When a Receivable

question 68

Multiple Choice

Which of the following asset accounts is increased when a receivable is collected?

• A) Accounts Receivable
• B) Supplies
• C) Accounts Payable
• D) Cash

---

Definitions:

Transference

A psychoanalytic concept where emotions and desires originally associated with one person are unconsciously redirected onto another.

Resistance

In a psychological context, it refers to the opposition or reluctance to accept or comply with therapy, change, or introspection.

Breakthrough

A significant discovery or achievement that advances understanding or capability within a particular field.

Conscious

The condition in which an individual is conscious of their own being, feelings, ideas, environment, and life events.