Blenham, Inc

question 208

Multiple Choice

Blenham, Inc.sells merchandise on credit.If a customer pays its balance due after the discount period has passed, what is the effect of the payment on Blenham's accounting equation?

• A) Assets and stockholders' equity decrease.
• B) Assets decrease and liabilities increase.
• C) Assets and stockholders' equity increase.
• D) No net effect.

---

Definitions:

Psychoeducational

Relating to the integration of psychological theory and practice with educational interventions.

Communication Issues

Communication issues refer to problems or barriers in the process of exchanging information, ideas, or feelings between individuals or groups.

Collaborative Problem-Solving

An approach where two or more individuals or parties work together in an interactive and integrated manner to solve a problem.

Psychotherapy

Psychological treatment that employs various methods to help someone overcome personal problems, or to attain personal growth.