A Business Makes a Cash Payment to a Supplier on Account

question 92

Multiple Choice

A business makes a cash payment to a supplier on account (for Office Supplies which were purchased earlier.) Which of the following accounts will be credited?

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

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Definitions:

Heredity

The genetic inheritance of physical or mental attributes from parents to their offspring across generations.

Genetic Factors

components of an individual's DNA that contribute to their physical traits, behaviors, and susceptibilities.

Buss and Plomin

Researchers known for their work in the field of temperament, proposing that temperament is influenced by genetics and plays a role in personality development.

Vicarious Reinforcement

A learning process that occurs through observing someone else being rewarded for a behavior, which increases the likelihood of the observer repeating the behavior.