A Business Buys $500 of Office Supplies on Account

question 40

Multiple Choice

A business buys $500 of Office Supplies on account. Which of the following accounts is debited?

• A)Cash
• B)Accounts Payable
• C)Office Supplies
• D)Utilities Expense

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Definitions:

Motivational Practices

Strategies or actions taken to encourage and boost the motivation levels of individuals or groups.

Diagnosis

The process of identifying and understanding a problem, condition, or situation by analyzing its symptoms or characteristics.

Needs

Essential requirements or necessities for physical, psychological, or social well-being and growth.

Motivational Practices

Techniques and strategies used by organizations to inspire, encourage, and boost the motivation of their employees.