All of the Following Accounts Are Increased with a Debit

question 92

Multiple Choice

All of the following accounts are increased with a debit except:

• A) Unearned Revenues
• B) Land
• C) Accounts Receivable
• D) Cash

Recognize coupling mechanisms between trailers and tractors.

Measure and describe truck dimensions accurately.

Distinguish between different types of trucking operations.

Explain the advantages of air suspension systems in trucks.

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Definitions:

Assignment Form

A legal document used to transfer rights or interests from one party to another.

Privity of Contract

The principle that a contract is a private agreement between the contracting parties only, and as such, only these parties have rights and obligations under the contract.

Incidental Beneficiary

One who unintentionally gains a benefit from a contract between other parties.

Donee Beneficiary

A third party who benefits from a contract in which a promisor agrees to give a gift to the third party.