ABC Delivery Service Had the Following Transactions in June: Earned

question 22

Multiple Choice

ABC Delivery Service had the following transactions in June: Earned $4,000 cash for services rendered; collected $2,500 from a customer "on account;" paid out $200 cash for plumbing services; received $3,500 of supplies and promised to pay one month later; paid out $1,000 in cash drawings to the owner.
-What is the combined effect on Cash of the June transactions?

• A) Up $1,800
• B) Down $300
• C) Down $6,300
• D) Up $5,300

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Definitions:

Overexposure Effect

A decrease in positive response towards a stimulus after being excessively or repeatedly exposed to it.

Physical Attractiveness

The degree to which a person's physical features are considered aesthetically pleasing or beautiful.

Agreement

The state or condition of having the same opinion or reaching a mutual decision among individuals or groups.

Physically Attractive

Possessing qualities or features that are aesthetically pleasing or appealing to the senses, often influencing social perception and interactions.