Examlex

Solved

A Business Makes a Cash Payment to a Supplier "On

question 99

Multiple Choice

A business makes a cash payment to a supplier "on account" (for supplies which were purchased earlier.) Which account is debited?


Definitions:

Motor Vehicle Accidents

Incidents involving one or more vehicles that result in property damage, injury, or death.

Heart Attack

A heart attack occurs when blood flow to a part of the heart is blocked for a long enough time that part of the heart muscle is damaged or dies.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment, pioneered by B.F. Skinner.

Contingency Management

A therapeutic intervention that uses reward and punishment to encourage desirable behaviors and discourage unwanted ones.

Related Questions