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:

Oxygen

A chemical element vital for respiration and is administered to support or improve oxygenation of tissues.

Self-Administer Medication

The process by which patients take their own medication without professional supervision, often after receiving instructions from healthcare providers.

Preventative Care

Healthcare services that focus on preventing diseases and maintaining health rather than treating illnesses after they occur.

Adverse Events

These are harmful and unintended reactions or occurrences that happen after the administration of a drug or medical intervention.