For Each Transaction Provided, Choose the Appropriate Account from the List

question 138

Short Answer

For each transaction provided, choose the appropriate account from the list that would receive a debit entry as a result of the transaction. (Choices may be used more than once.)
a.Cash
b.Accounts receivable
c.Supplies
d.Prepaid insurance
e.Land
f.Equipment
g.Accounts payable
h.Unearned revenues
i.Notes payable
j.Common stock
k.Retained earnings
l.Service revenue
m.Salary expense
n.Insurance expense
o.Utilities expense
p.Dividends
-Paying salaries to employees

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Definitions:

Free Association

A psychoanalytic technique where patients are encouraged to verbalize thoughts as they come, without censorship, to uncover unconscious desires or issues.

Verbalize

To verbalize means to express thoughts or feelings in words, making abstract concepts communicable and understandable.

Frightening

Causing fear or alarm; having the ability to induce fear or a sense of dread.

Psychodynamic Therapy

A therapeutic approach emphasizing the psychological root causes of emotional suffering, primarily focuses on unconscious processes as they are manifested in a person's present behavior.