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A Business Makes a Cash Payment of $12,000 to a Creditor.Which

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A business makes a cash payment of $12,000 to a creditor.Which account is credited?


Definitions:

Sensitization

An increased reaction to a stimulus following repeated exposures to it.

Classical Conditioning

An educational method where a connection is made between a stimulus in the environment and one that occurs naturally, resulting in a conditioned response.

Stimuli

Physical or chemical changes in the external or internal environment that evoke a response from a living organism.

Acclimation

The process of an organism adjusting to change in its environment, allowing it to survive and reproduce.

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