The Following Transactions,among Others,occurred During February

question 60

Multiple Choice

The following transactions,among others,occurred during February.Which transaction represented an expense during February?

• A) Purchased a computer for $3000 cash.
• B) Paid $3300 in settlement of a loan obtained three months earlier.
• C) Paid $500 to a garage mechanic for automobile repair work performed in December.
• D) Purchased $400 of petrol on account for the delivery trucks.Account will be paid during March.

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Definitions:

Just Noticeable Difference

The smallest difference in stimulation that can reliably be detected by an observer.

Psychokinesis

The supposed ability to move or manipulate objects through mental effort alone, without physical interaction.

Principle of Closure

A concept in Gestalt psychology that describes the mind's tendency to see incomplete figures as complete.

Perceptual Organization

The tendency to integrate perceptual elements into meaningful patterns.