Cash Is Used to Pay for a Car for Personal

question 72

Multiple Choice

Cash is used to pay for a car for personal use by the owner.The transaction includes

• A) debiting Cash and crediting Drawing.
• B) debiting Drawing and crediting Cash.
• C) debiting Capital and crediting Cash.
• D) debiting Car Expense and crediting Cash.

---

Definitions:

Alfred Binet

A French psychologist who made significant contributions to intelligence testing and developed the first practical IQ test.

Mental Age

A measure of an individual's cognitive abilities expressed in terms of the average age at which a normal individual reaches the same level of ability.

Reasoning Skills

The ability to think, conclude, and apply logical processes to solve problems, make decisions, and understand complex concepts.

WAIS

The Wechsler Adult Intelligence Scale, a standardized test designed to measure adult intelligence and cognitive ability.