Select the Account Types for These Items

question 38

Multiple Choice

Select the account types for these items:
? Repairs and maintenance
? Repairs and maintenance payable
? Accounts receivable
? Drawings

• A)Expense,liability,asset,equity
• B)Asset,liability,asset,equity
• C)Expense,asset,asset,expense
• D)Expense,liability,asset,liability

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Definitions:

External Environment

All outside factors and influences that impact the operation, success, and decision-making processes of an organization or individual.

Bandura

A psychologist known for his work on social learning theory, emphasizing the role of observational learning, self-efficacy, and reciprocal determinism in behavior.

Behavioral Assessment

A method used in psychology to observe, describe, explain, and predict behavior through a variety of techniques, including interviews and direct observation.

Time-Consuming

Describes activities or tasks that require a considerable amount of time to complete, often implying a trade-off with efficiency or productivity.