Your Bookkeeper Is Off for the Day and You Are

question 133

Multiple Choice

Your bookkeeper is off for the day and you are trying to figure out what her last entry in the journal could be for.Unfortunately,she only recorded the debit side of the transaction as $4,400 to Accounts Payable.It is possible that this debit could correspond to

• A)a purchase of equipment costing $4,400 on credit.
• B)a payment of $4,400 to a supplier to settle a balance due.
• C)a $4,400 sale to a customer.
• D)a $4,400 issuance of the company's capital stock.

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Definitions:

Lung Capacity

The total volume of air that the lungs can hold, which varies with age, fitness, and respiratory health.

Body Fat

A component of the human body that consists of adipose tissue, serving as an energy storage, insulation, and protection of organs.

Epileptic Attack

A sudden occurrence of involuntary muscle spasms or convulsions, often accompanied by loss of consciousness, typically resulting from abnormal electrical activity in the brain.

Heart Attack

A medical condition that occurs when the flow of blood to the heart is blocked, causing damage to the heart muscle.