When a Business Makes a Cash Payment,the Cash Account Is

question 38

True/False

When a business makes a cash payment,the Cash account is debited.

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Definitions:

Delegates

Individuals chosen to represent others, typically in a conference or a convention; in politics, they often have the authority to vote on behalf of the group they represent.

Upper Class

A social group at the top of a societal hierarchy, often possessing significant wealth, power, and influence.

Tyranny

Oppressive rule exercised by a government or ruler with absolute power, often characterized by a lack of regard for the welfare of the governed.

Separation of Powers

A governance principle that divides the responsibilities and powers of government among distinct branches to prevent abuse of power.