Duo Ride Share Received a Bill, Which It Will Pay

question 73

Multiple Choice

Duo Ride Share received a bill, which it will pay later, for $500 for online advertising. The receipt of the bill is recorded with a

• A) debit to Advertising Expense.
• B) credit to Cash.
• C) debit to Service Revenue.
• D) credit to Accounts Receivable.

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Definitions:

Life Expectancy

The average period that a person may expect to live.

Mortality Rate

A measure of the frequency of occurrence of death in a defined population during a specified interval.

Cohort Death Rate

is a measure of mortality rates within a defined cohort of individuals over a specific period of time, illustrating the rate at which members of the cohort die.

Grandparents

The parents of a person's father or mother – paternal or maternal.