Nick's Landscaping Services Incurred $500 as a Repair Expense and Promised

question 174

Multiple Choice

Nick's Landscaping Services incurred $500 as a repair expense and promised to pay the repair company within 30 days.Which of the following accounts will increase as a result of this transaction?

• A) Accounts Receivable
• B) Cash
• C) Accounts Payable
• D) Nick, Capital

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Definitions:

Nonhuman Primates

Primates that are not human beings, including monkeys, apes, and lemurs, known for their complex behaviors and varied habitats.

Primatology

The study of living and fossil primates.

Understanding

involves the ability to grasp the meaning, significance, or nature of something, such as a concept, situation, or behavior.

Heterozygous

Refers to a chromosome pair that bears different alleles for a single gene.