Vic's Mart Collects $700 of Its Accounts Receivable

question 16

Multiple Choice

Vic's Mart collects $700 of its accounts receivable.The expanded accounting equation impact is:

• A)Cash and Capital increase $700.
• B)Cash and Revenue increase $700.
• C)Cash increases and Accounts Receivable decreases $700.
• D)Accounts Receivable decreases and Capital increases $700.

---

Definitions:

Mary Magdalene

A prominent figure in Christianity, described in the New Testament as a close follower of Jesus Christ and present at his crucifixion and resurrection.

Reclining Female Nude

A genre of artwork focusing on the depiction of a female figure lying down in a state of rest or leisure, often associated with themes of sensuality and vulnerability.

Venus of Urbino

A famous Renaissance painting by Titian, representing the figure of a nude young woman in a domestic setting.

Titian

A leading figure of the Italian Renaissance, celebrated for his groundbreaking approach to color and composition in painting.