When a Company Pays Utilities of $1,800 in Cash,the Transaction

question 117

Multiple Choice

When a company pays utilities of $1,800 in cash,the transaction is recorded as:

• A)Debit Utilities Expense $1,800,credit Utilities Payable $1,800.
• B)Debit Utilities Payable $1,800,credit Cash $1,800.
• C)Debit Cash $1,800,credit Utilities Expense $1,800.
• D)Debit Utilities Expense $1,800,credit Cash $1,800.

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Definitions:

Cultural Relativism

Assumption that all cultures are essentially equally valuable and should be judged according to their own standards; no cultural standpoint is privileged over another.

Marginalization

The process of pushing certain groups or individuals to the edge of society by not allowing them an active voice, identity, or rights.

Dominant Group

A social group that possesses the greatest power, resources, and social status within a society, exerting control and setting standards.

Marginalized Member

An individual or group that is pushed to the fringe of society and deprived of social and economic participation, often due to factors like race, gender, or economic status.