Which of the Following Accounts Decreases with a Debit

question 209

Multiple Choice

Which of the following accounts decreases with a debit?

• A) Accounts Receivable
• B) Notes Payable
• C) Cash
• D) Rent Expense

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Definitions:

Salespersons

Individuals who are employed to sell products or services to customers, often working on commission.

Average Sales

The sum of all sales amounts divided by the number of sales transactions, indicating the typical sales value.

Variance

A statistical measure of the dispersion or spread in a set of data points, indicating how much the values differ from the mean of the set.

Variance

A measure of variability that denotes the average of the squared differences from the mean, showing how widely the values in a data set are spread.