A Business Makes a Payment in Cash for Advertising Expense

question 114

Multiple Choice

A business makes a payment in cash for advertising expense. Which of the following accounts will be debited?

• A)Cash
• B)Bank
• C)Accounts Receivable
• D)Advertising Expense

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Definitions:

Henry Towne

An influential figure in the field of industrial engineering and management, known for his contributions to scientific management.

Management

The process of planning, organizing, leading, and controlling resources within an organization to achieve its goals efficiently and effectively.

Sustainability

The ability to maintain or improve the quality and longevity of a resource, practice, or system without depleting the contributing elements it requires.

Nonprofits

Entities designed to serve the public or community benefits without seeking commercial or monetary profits for their owners or stakeholders.