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A Business Collects Cash from a Customer in Payment of Accounts

question 63

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A business collects cash from a customer in payment of accounts receivable.Which account is debited?


Definitions:

Stigma

The disapproval of, or discrimination against, individuals or groups based on perceivable social characteristics that serve to distinguish them from other members of a society.

Minority Group

A sociodemographic group that is smaller in numbers or has less power or representation compared to the dominant or majority group in a society.

Stigmatizing Attribute

A stigmatizing attribute is a characteristic of an individual that is perceived negatively by society, leading to potential discrimination or social exclusion.

Vigilant

The act of being alert and watchful, especially for danger or opportunities.

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