Newton Company Settles a Liability by Making a Payment in Cash.How

question 162

Multiple Choice

Newton Company settles a liability by making a payment in cash.How does paying this liability affect the accounting equation of the business?

• A) assets and liabilities decrease
• B) liabilities decrease and equity increases
• C) assets and liabilities increase
• D) assets increase and equity decreases

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Definitions:

Neurotransmitter

A neurotransmitter is a chemical substance that transmits signals across a synapse from one neuron to another neuron or to an effector cell (like a muscle or gland).

Synthesized

Synthesized involves creating a compound or material from simpler substances through chemical or biological processes.

Neurotransmitter Identification

The process of determining the specific neurotransmitters involved in transmitting signals between neurons in the nervous system.

Excitatory Synapses

Connections between neurons that increase the likelihood of the receiving neuron firing an action potential.