The Account "Accounts Payable" Began with a Zero Balance and Then

question 108

Multiple Choice

The account "Accounts Payable" began with a zero balance and then had the following changes: increase of $250, increase of $600, decrease of $225, and an increase of $375. The final balance is a:

• A)credit balance of $1,000.
• B)debit balance of $1,000.
• C)credit balance of $1,450.
• D)debit balance of $1,450.

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Definitions:

Marketing Segmentation

The process of dividing a market into distinct subsets of consumers with similar needs or characteristics, allowing for targeted marketing strategies.

Different Groups

Distinct categories or clusters in which data points are divided based on specific characteristics or treatments.

Confidence

The feeling of trust or belief in someone or something; in statistics, it refers to the degree to which one can be certain in the accuracy of a result.

Proportion

A part, share, or number considered in comparative relation to a whole; a type of ratio.