Crabtree Company's Tabular Analysis at the Beginning of August Included

question 38

Multiple Choice

Crabtree Company's tabular analysis at the beginning of August included the following balances: How would Crabtree record the collection of the receivables in the tabular analysis?

• A)Increase Cash by $2000 and increase Revenues by $2000.
• B)Decrease Cash by $1500 and decrease Accounts Payable by $1500.
• C)Increase Cash by $2000 and decrease Accounts Receivable by $2000.
• D)Increase Cash by $1500 and decrease Accounts Receivable by $1500.

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Definitions:

Odorant

Odorant refers to any substance capable of eliciting an olfactory response, meaning it has a smell that can be detected by the sensory receptors in the nose.

Scents

Volatile substances that can be perceived by the olfactory system, contributing to the sense of smell.

Receptor Pattern

The specific arrangement or distribution of receptors, often on the surface of cells, that allows for the recognition and binding of specific substances.

Skin Sense

The sensory system involved in processing touch, temperature, and pain through skin receptors.