The Debt Created by a Business When It Makes a Purchase

question 107

Multiple Choice

The debt created by a business when it makes a purchase of inventory on account is a(n) :

• A)revenue.
• B)account receivable.
• C)note payable.
• D)account payable.

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Definitions:

Hippocampus

A region of the brain crucial for the formation of new memories and spatial navigation.

Amygdala

An almond-shaped section of nervous tissue located in the temporal (side) lobe of the brain; involved in emotions such as fear and pleasure.

Drug Administration

The method by which a drug is brought into the body to ensure its therapeutic effect, including oral, intravenous, and other routes.

Epinephrine

Also known as adrenaline, a hormone and neurotransmitter involved in the fight or flight response, increasing heart rate, muscle strength, blood pressure, and sugar metabolism.