Which Pair of Accounts Follows the Rules of Debit and Credit

question 43

Multiple Choice

Which pair of accounts follows the rules of debit and credit in the same manner?

• A)Service Revenue and Equipment
• B)Land and Dividends
• C)Notes Payable and Buildings
• D)Wages Expense and Service Revenue

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Definitions:

IRR

The interest rate at which the total present value of a project or investment's incoming and outgoing cash flows sum to zero.

WACC

A technique called Weighted Average Cost of Capital computes a firm’s cost of funds, taking into account the proportional weighting of various capital types.

NPV

Net Present Value represents a technique for assessing the profitability of a project or investment, utilized in the process of capital budgeting.

Cash Flow

The total amount of money being transferred into and out of a business, capturing the company's operational, investing, and financing activities.