Which Account Is Least Likely to Be Credited When an Expense

question 4

Multiple Choice

Which account is least likely to be credited when an expense is recorded?

• A)Cash.
• B)Accounts Payable.
• C)Prepaid Expenses.
• D)Accounts Receivable.

Understand the process and sequence of payroll activities in QuickBooks.

Distinguish between payroll liabilities and other types of taxes.

Identify the payroll and subcontractor forms used in QuickBooks and their functions.

Learn how to setup a new employee in QuickBooks, including the required tax information.

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Definitions:

Bad Cholesterol

Refers to low-density lipoprotein (LDL) cholesterol, which when in excess can lead to plaque buildup in arteries, increasing the risk of heart disease.

Metabolism

The chemical processes that occur within a living organism in order to maintain life, involving the conversion of food to energy.

Health Hazard

Any agent or situation that poses a level of threat to the health of individuals or communities.

Overweight

A condition characterized by having more body weight than is considered normal or healthy for a certain height.