A Business Buys $500 of Supplies on Account

question 130

Multiple Choice

A business buys $500 of supplies on account.Which account is credited?

• A) Cash
• B) Accounts payable
• C) Supplies
• D) Service revenue

---

Definitions:

Eustress

Positive stress that can motivate individuals, leading to improved performance and well-being.

Negative Response

An adverse reaction or answer to a stimulus, situation, or question, often reflecting disapproval or dissatisfaction.

Adams' Theory

Refers to Equity Theory developed by J.Stacy Adams, suggesting that employees are motivated when they perceive their treatment at work as fair, especially in relation to others.

Inequity

A lack of fairness or justice within a situation or towards individuals or groups.