The Business Collects a $5,000 Account Receivable from Its Customer

question 95

Multiple Choice

The business collects a $5,000 account receivable from its customer.How is the accounting equation affected?

• A) Assets increase $5,000; liabilities decrease $5,000.
• B) One asset increases by $5,000; another asset decreases $5,000.
• C) Assets increase $5,000; liabilities increase $5,000.
• D) Assets increase $5,000; owner's equity increases $5,000.

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Definitions:

Nursing Theory

A conceptual framework designed to guide nursing practice and research by explaining and predicting phenomena in nursing care.

External Influences

Factors outside an individual or organization that affect behaviors, decisions, and outcomes.

Magnet Hospital

A designation for hospitals that satisfy a set of criteria designed to measure the strength and quality of their nursing.

Theoretical Model

A systemic representation designed to explain, predict, or understand a concept, phenomenon, or relationship.