For Each Transaction Provided, Choose the Appropriate Account from the List

question 85

Multiple Choice

For each transaction provided, choose the appropriate account from the list that would receive a debit entry as a result of the transaction. (Choices may be used more than once.)
-borrowing cash

• A)Cash
• B)Accounts Receivable
• C)Supplies
• D)Prepaid Insurance
• E)Land
• F)Equipment
• G)Accounts Payable
• H)Unearned Revenues
• I)Notes Payable
• J)Common Shares
• K)Retained Earnings
• L)Service Revenue
• M)Salary Expense
• N)Insurance Expense
• O)Utilities Expense
• P)Dividends

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Definitions:

Distilled Water

Water that has been boiled into vapor and recondensed into liquid, removing impurities and dissolved minerals.

Denaturation

The process by which proteins lose their native structure due to external stress or compounds, leading to a loss of biological activity.

Hydrolysis

A chemical reaction in which water is used to break down the bonds of a compound.

L-Lysine

An essential amino acid in humans, important for protein synthesis and other metabolic functions, characterized by its aliphatic side chain.