Solve Using the Addition and Multiplication Principles Together

question 101

Multiple Choice

Solve using the addition and multiplication principles together.
--4y - 8 = 5 + 4y

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Definitions:

Bank Credit Cards

Financial instruments issued by banks that allow cardholders to purchase goods and services on credit, up to an approved credit limit.

Merchandise on Account

Items purchased on credit, where payment is made at a later date, often recorded as accounts payable.

Collection on Account

This term refers to the payment received by a business from its customers against the outstanding invoices or credits.

Journal Entry

A record in the accounting ledger that represents a single transaction and its effects on various accounts, detailing debits and credits.