Harris Landscaping Services Incurred $500 as a Labor Expense and Promised

question 116

Multiple Choice

Harris Landscaping Services incurred $500 as a labor expense and promised to pay the labor agency 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)Owner's Capital

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Definitions:

Selectively Permeable Membrane

A type of biological or synthetic membrane that aids in the selective transfer of substances in and out of cells.

Water

A colorless, transparent, odorless, liquid that forms the seas, lakes, rivers, and rain and is the basis of the fluids of living organisms.

Cytoskeleton

A network of fibers within a cell that provides structural support, cell shape, and enables cell movement.

Vesicle Formation

The process of creating small, membrane-bound sacs within a cell, used for transporting substances within a cell.