Hamilton Lawn Service Incurred $500 as Labor Expense and Promised

question 30

Multiple Choice

Hamilton Lawn Service incurred $500 as labor expense and promised to pay the labor agency within 30 days. Which of the following accounts would increase as a result of this transaction?

• A)Accounts Receivable
• B)Cash
• C)Accounts Payable
• D)Owner's Capital

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Definitions:

Congruence

The degree to which two or more aspects are in agreement, alignment, or harmony.

Incongruence

The state of being out of harmony or not matching up, often leading to misunderstanding or conflict.

Transmission Channels

The means or pathways through which information, signals, or data are disseminated from one point to another.

Encodes

Refers to the process of converting information into a particular form, especially to hide or secure its content.