An Owner Invests $20,000 in Her New Business by Depositing

question 85

Multiple Choice

An owner invests $20,000 in her new business by depositing the cash in the business's checking account.Which account is debited?

• A) Accounts receivable
• B) Cash
• C) Capital
• D) Accounts payable

---

Definitions:

Acceleration

The rate at which an object increases its velocity.

Enrichment

Activities or experiences designed to stimulate learning and development, often beyond what is offered in a standard curriculum or environment.

Triarchic Theory

A theory of intelligence proposed by Robert Sternberg that suggests there are three aspects of intelligence: analytical, creative, and practical.

Contextual Component

The aspect of a situation or environment that includes all the surrounding factors and conditions influencing a particular event or behavior.