Exhibit 4-5 Refer to Exhibit 4-5

question 133

Multiple Choice

Exhibit 4-5 Refer to Exhibit 4-5.A change from Point A to Point E represents a(n) :

• A) increase in supply.
• B) decrease in supply.
• C) increase in quantity supplied.
• D) decrease in quantity supplied.

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Definitions:

Credits

Accounting entries that increase liabilities or equity or that decrease assets.

Cash Receipts

The collection of money, including coins, notes, cheques, and electronic transactions, received from activities such as sales or services.

Debiting

The act of recording an entry on the left side of an account, indicating an increase in assets or expenses or a decrease in liabilities, equity, or revenue.

Alphabetical Order

A method of sorting by arranging items according to the sequence of the letters in the English alphabet.