Which of the Following Scenarios Could Explain the Journal Entry

question 58

Multiple Choice

Which of the following scenarios could explain the journal entry below? $$\begin{array} { | l | l | r | r | } \hline d r & \text { Cash } & 4,000 & \\\hline d r & \text { Notes Receivuble } & 6,000 & \\\hline & c r \text { Equipment } & & 10,000 \\\hline\end{array}$$

• A)The company buys $10,000 of equipment for $4,000 in cash and $6,000 on credit.
• B)The company pays $4,000 in cash and $6,000 in notes payable to buy $10,000 of equipment.
• C)The company sells $10,000 of equipment,for $4,000 in cash and $6,000 on credit.
• D)The company sells $10,000 of equipment,for $4,000 in cash and pays off $6,000 it owes on the equipment.

Apply mathematical operations to polynomial expressions.

Understand and manipulate exponents and powers, including negative and fractional exponents.

Evaluate expressions using the proper order of operations.

Simplify complex algebraic fractions.

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Definitions:

Strategic Business Units

Subsidiary divisions within a larger company, each focusing on a specific business area, with its own strategy and objectives.

Competitive Advantage

The attributes or abilities of a firm that enable it to outperform its competitors.

Original Content

Unique material produced for publication or broadcast that has not been copied or adapted from existing works.

Business Portfolio Model

A strategic tool used by companies to manage and evaluate the performance of their business units and product lines.