If a Business Issued a Check for $1,000 to Pay

question 57

Multiple Choice

If a business issued a check for $1,000 to pay for two months rent in advance, what is the effect on the firms' assets, liabilities and owner's equity.

• A)Owner's Capital will increase
• B)Accounts Payable will increase
• C)Prepaid Rent will decrease
• D)Cash will decrease

Acquire the ability to design and understand the structure of an object-oriented programming hierarchy.

Comprehend the constraints and applications of method parameters and modifiers in defining method behavior.

Learn the correct application and limitations of constructs like the instanceOf operator within type casting.

Understand the concepts and differences of early and late binding in programming.

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Definitions:

Governmental Power

The authority vested in governments to establish laws, govern, and enforce order within a given territory.

Freedom Of Speech

The right to express information, ideas, and opinions free of government restrictions based on content and subject only to reasonable limitations.

Eighth Amendment

Part of the U.S. Constitution's Bill of Rights that prohibits the federal government from imposing excessive bail, excessive fines, or cruel and unusual punishment.

Recidivism

The tendency of a convicted criminal to reoffend, typically measured by the occurrence of subsequent criminal behavior.