A Jar Contains 10 Red Marbles and 30 Blue Marbles

question 21

Multiple Choice

A jar contains 10 red marbles and 30 blue marbles.What is the probability of randomly selecting a red marble from the jar?​

• A)​10/30
• B)​10/40
• C)​1/10
• D)​1/40

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Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the correct period.

Unused Supplies

Items that have been bought for operational use but remain unutilized or untouched within the storage or office space.

Prepaid Items

Expenses paid in advance and recorded as assets until they are used or consumed.

Expense Accounts

Accounts used in accounting to track money spent or costs incurred in a company's operations to generate revenue, typically categorized by the nature of the expenses.