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

question 122

Multiple Choice

Martin Supply Service received $1,000 cash from a customer which was owed to the business from the previous month. What is the effect of the cash receipt on the accounts of the business?

• A)Accounts Receivable decreases; Martin, Capital decreases.
• B)Cash account increases; Accounts receivable decreases.
• C)Accounts Payable increases; Martin, Capital decreases.
• D)Cash increases; Accounts Payable decreases.

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Definitions:

Cancer

A group of diseases characterized by the uncontrolled growth and spread of abnormal cells in the body.

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An imaging test that uses a radioactive substance to visualize and measure metabolic processes in the body, commonly used in medical diagnoses and research.

Biochemical Activity

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Biological Risk Factors

Refers to physical and genetic characteristics that increase the likelihood of developing a disease or disorder.