Hamilton Lawn Service Incurred $500 Labor Expense and Promised to Pay

question 143

Multiple Choice

Hamilton Lawn Service incurred $500 labor expense and promised to pay the labor agency within 30 days.Which of the following accounts decreased?

• A) Accounts payable
• B) Owner's capital
• C) Supplies
• D) Accounts receivable

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Definitions:

High Neuroticism

A personality trait characterized by a tendency to experience negative emotions like anxiety, anger, or depression more frequently and intensely.

Low Psychoticism

A personality trait characterized by a low tendency towards psychopathology, including a lesser likelihood of exhibiting aggressive, impulsive or hostile behaviors.

Projective Test

A type of personality test in which the subject's responses to ambiguous scenes, words, or images are analyzed to uncover underlying thoughts, feelings, and traits.

Ambiguous Stimulus

A sensory signal that can be interpreted in more than one way, leading to multiple perceptions or understandings.