For Accounts Receivable,the Category of Account and Its Normal Balance

question 47

Multiple Choice

For Accounts receivable,the category of account and its normal balance are:

• A) Owner's equity and a credit balance.
• B) Assets and a debit balance.
• C) Liabilities and a credit balance.
• D) Assets and a credit balance.

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Definitions:

Synapse

a structure that permits a neuron (nerve cell) to pass an electrical or chemical signal to another neuron or to the target effector cell.

Electrical Activity

The movements of charged particles, such as electrons, which can occur within a variety of systems, including the neural circuits in the body.

Chemical Activity

The behavior of chemicals interacting with each other, including reactions that involve changes in molecular structure.

Elicits Action

Provokes or triggers a response or activity.