If a Journal Entry Debits Accounts Payable and Credits Cash,it

question 98

Multiple Choice

If a journal entry debits Accounts Payable and credits Cash,it can be determined that:

• A)Cash will have a credit balance.
• B)Accounts Payable increased.
• C)Cash increased.
• D)Accounts Payable decreased.

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Definitions:

Academic Skills

Abilities and knowledge that contribute to the effectiveness of learning and performance in educational settings, including reading, writing, and mathematics.

Gender Role Development

The process through which individuals acquire the behaviors, attitudes, and values culturally defined as appropriate for their gender.

Cognitive Explanation

An approach in psychology that focuses on understanding the mental processes that underlie behavior and decision-making.

Contextual Explanation

An approach to understanding phenomena by considering the broader circumstances and factors that influence them, rather than isolating them from their environment.