Which of the Following Journal Entries Would Decrease Shareholders' Equity

question 33

Multiple Choice

Which of the following journal entries would decrease Shareholders' equity?

• A)Debiting Prepaid Utilities and crediting Cash.
• B)Debiting Unearned Revenue and crediting Revenue.
• C)Debiting Inventory and crediting Accounts Payable.
• D)None of the above.

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Definitions:

Technology Influences

Refers to the ways in which technology shapes and alters societies, cultures, and individual behaviors.

Technological Determinism

A theory suggesting that technology shapes societal structures, values, and processes in a definitive manner.

Langdon Winner

An American philosopher of technology who focuses on the social and political implications of technology.

Human Agency

The capacity of individuals to act independently and make their own free choices, highlighting the role of human action in shaping society.