Which of the Following Accounts Is Credited by the Seller

question 179

Multiple Choice

Which of the following accounts is credited by the seller when tax is collected on retail sales?

• A) Accounts Payable
• B) Payroll Tax
• C) Sales Tax Payable
• D) Unearned Revenue

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Definitions:

Microprocessor

A central processing unit manufactured on a single integrated-circuit chip (or several chips) by utilizing large-scale integration technology.

Network Switch

A networking device that connects devices together on a computer network, using packet switching to receive, process, and forward data to the destination device.

Hub

A common connection point for devices in a network, which is used to connect segments of a LAN and manage data traffic.

Star Topology

"A network architecture in which all network nodes are connected to a central device that routes the nodes’ messages."