The Purchase of Office Computers for Cash Would Include a Debit

question 44

Multiple Choice

The purchase of office computers for cash would include a debit to:

• A)Cash and a credit to Office Equipment.
• B)Office Equipment and a credit to Accounts Payable.
• C)Accounts Receivable and credit to Office Equipment.
• D)Office Equipment and a credit to Cash.

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Definitions:

ATP

A molecule involved in energy transfer within cells, crucial for muscle contraction, nerve impulse propagation, and chemical synthesis.

Calvin-Benson Cycle

A series of biochemical reactions taking place in the chloroplasts of photosynthetic organisms during the light-independent reactions of photosynthesis.

NADPH

Nicotinamide adenine dinucleotide phosphate, a coenzyme involved in cellular metabolism, particularly in the synthesis of fatty acids and the antioxidant system.

ATP

Adenosine Triphosphate, a molecule that serves as the primary energy carrier in cells, facilitating metabolic processes.