What Effect Does This Journal Entry Have on the Accounts

question 150

Multiple Choice

What effect does this journal entry have on the accounts?

• A) Increase to Cash and increase to Land
• B) Increase to Land and decrease to Cash
• C) Decrease to Cash and decrease to Land
• D) Increase to Cash and decrease to Land

---

Definitions:

Classification System

A system for organizing data or items into categories based on predefined criteria to facilitate understanding and analysis.

Sampled Unit

A specific element or set of elements selected from a larger population for the purpose of analysis or experimentation.

Content Analysis

A research method for studying documents and communication artifacts, which involves coding and analyzing texts or images.

Interview

A formal conversation where questions are asked and answers are given, usually for information gathering or assessment purposes.