Martin Supply Service Received $1,000 Cash from a Customer Which

question 89

Multiple Choice

Martin Supply Service received $1,000 cash from a customer which was owed to the business from the previous month.Which of the following accounts decreases?

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

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Definitions:

First Sense

typically refers to touch, considered by many as the initial sense developed in utero and critical for early human development.

Acute

refers to conditions or phenomena that are severe in degree but of short duration.

20/20 Level

A term commonly used to describe normal visual acuity (clarity or sharpness of vision) measured at a distance of 20 feet.

American Academy of Pediatrics

A professional organization that advocates for the health and well-being of all children through policy, guidance, and research.