Which of the Following Would Not Be Used to Pay

question 118

Multiple Choice

Which of the following would not be used to pay for purchases under the periodic system?

• A)Debit to Accounts Payable
• B)Credit to Purchase Discounts
• C)Credit to Accounts Payable
• D)Credit to Cash

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Definitions:

Potential Polluters

Entities that are capable of emitting pollutants into the environment, posing risks to ecological and human health.

External Costs

Costs that are not borne by the parties involved in an economic transaction, often affecting third parties who did not choose to incur that cost.

Marginal Cost

The charge for producing one more unit of a product or service.

Marginal Benefit

Marginal benefit is the additional satisfaction or value a consumer derives from consuming one more unit of a good or service.