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

question 191

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.)
-purchasing supplies on credit

• 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:

Judging Types

Personality types that prefer making decisions and having a structured lifestyle, as classified in certain personality typing systems.

Barriers

obstacles or factors that prevent progress, communication, or the achievement of objectives.

Social Perception

The process by which individuals form impressions and make judgments about others based on available social information, including verbal and non-verbal cues.

Projection

Overestimating the number of people who share our own beliefs, values, and behaviors.