Add or Subtract as Indicated $- \frac { 3 } { 4 } - \left( - \frac { 5 } { 8 } \right)$

question 235

Multiple Choice

Add or subtract as indicated.
- $- \frac { 3 } { 4 } - \left( - \frac { 5 } { 8 } \right)$

• A) \(\frac { 1 } { 8 }\)
• B) \(- \frac { 1 } { 4 }\)
• C) \(- \frac { 1 } { 8 }\)
• D) -1

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Definitions:

Supplies Expense

Costs associated with the consumption of supplies necessary for the daily operations of a business, recognized as an expense in the accounting period in which they are used.

Inventory

The entire inventory of products and materials maintained by a business for selling or manufacturing purposes.

Rent Expense

The cost incurred for using property or equipment under a lease agreement.

Prepaid Rent

Payments made in advance for rent, which is recorded as an asset initially and then expensed over the period the payment covers.