If the Receivable for a Student Is $9,000 and the Student

question 23

Multiple Choice

If the receivable for a student is $9,000 and the student pays only $1,000 as the result of receiving an assistantship from the school,what would be the appropriate debit(s) ?

• A) Debit Cash and Debit Discount on Revenue.
• B) Debit Cash and Debit Expense.
• C) Debit Cash and Debit accounts receivable.
• D) Debit Cash.

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Definitions:

Stroke

A medical condition characterized by the sudden loss of blood circulation to an area of the brain, resulting in loss of neural function.

High-Impact Exercise

Physical activities that involve vigorous movement and can exert a lot of stress on the bones and joints, often involving both feet leaving the ground at the same time.

Osteoporosis

A medical condition in which bones become brittle and fragile from loss of tissue, typically as a result of hormonal changes, or deficiency of calcium or vitamin D.

Sedentary Lifestyle

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