Victoria Received $400 from Customers in Partial Payment for Accounting

question 43

Multiple Choice

Victoria received $400 from customers in partial payment for accounting services performed previously.The recording of this transaction would:

• A)increase Cash and Victoria's Capital $400.
• B)increase Cash and decrease Accounts Receivable $400.
• C)increase Cash and increase Accounts Receivable $400.
• D)decrease Accounts Receivable and increase Victoria's Capital $400.

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Definitions:

Gas Law

A set of laws that describe the behavior of gases in relation to pressure, volume, temperature, and quantity.

Mole

A mole is a unit of measurement used in chemistry to quantify the amount of substance, equivalent to approximately 6.022 x 10^23 particles, atoms, molecules, ions, or electrons.

Gas

One of the four fundamental states of matter with indefinite shape and volume, composed of molecules in constant random motion.

Gas Law

Mathematical relationships that describe the behavior of gases, relating pressure, volume, temperature, and amount of gas.