Which Pair of Accounts Has the Same Set of Rules

question 42

Multiple Choice

Which pair of accounts has the same set of rules for debit and credit entries?

• A)common stock and accounts payable
• B)salary expense and retained earnings
• C)cash and notes payable
• D)sales revenue and accounts receivable

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Definitions:

Collective Unconscious

According to Carl Jung, the wisdom accumulated by society over hundreds of years of human existence and stored in the memories of individuals.

Conscious

The state of being awake and aware of one's surroundings and having a sense of self.

Repression

A defense mechanism whereby distressing thoughts, memories, or impulses are excluded from conscious awareness.

Motivated Forgetting

Motivated Forgetting is a psychological phenomenon where an individual may unconsciously or consciously block out memories, often due to their negative or traumatic nature.