A $5,000 Account Payable Is Paid by the Business

question 9

Multiple Choice

A $5,000 account payable is paid by the business.How is the accounting equation affected?

• A) Assets decrease $5,000; owner's equity increases $5,000.
• B) Assets decrease $5,000; liabilities decrease $5,000.
• C) Assets increase $5,000; owner's equity decreases $5,000.
• D) Assets increase $5,000; liabilities increase $5,000.

---

Definitions:

Cognitive Therapy

A psychological approach aiming to improve mental health by modifying dysfunctional thoughts, behaviors, and emotional responses.

Progressive Relaxation

A technique for reducing stress and anxiety by tensing and then relaxing each muscle group in the body progressively.

Completely Relaxed

Being Completely Relaxed refers to a state of physical and mental calm, free from stress or tension.

Simulated

Refers to something made to imitate a real or genuine thing; often used in experiments, training, or modeling.