Perform the Indicated Operation

question 116

Multiple Choice

Perform the indicated operation.
-7.65 ÷ 0.09

• A)74
• B)85
• C)8.5
• D)86

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Definitions:

Journalizing

The procedure of logging company transactions in a journal, forming a part of the cycle of accounting.

Debit

An accounting entry showing an increase in assets or expenses or a decrease in equity, liabilities, or revenue.

Credit

An accounting entry that increases liabilities or equity, or decreases assets, reflecting the value of transactions where goods, services, or cash are received.

Cash Account

A financial account that tracks the amount of cash inflows and outflows, representing the company's liquid assets.