Jane Is an Osteopath Operating as a Sole Proprietor

question 35

Multiple Choice

Jane is an osteopath operating as a sole proprietor.On 1 February she treats a patient on credit whom she invoices for $120.On 10^th of February the patient pays his account and Jane banks the $120.The effect of the receipt of cash transaction on the accounting equation for Jane's practice is:

• A)Increase in cash at bank $120,decrease in asset accounts receivable $120
• B)Increase in cash at bank $120,increase in equity $120
• C)Increase in cash at bank $120,increase in asset accounts receivable $120
• D)Increase in cash at bank $120,decrease in accounts payable $120

---

Definitions:

Head Circumference

A measurement around the largest part of the head, used to assess brain growth in infants and young children.

Infant's Height

The measurement of the length of a baby from head to toe, which is an important indicator of their growth and development.

Moral Development

The process by which individuals learn and apply concepts of right and wrong, often influenced by cultural, societal, and personal factors.

Postconventional Reasoning

A stage of moral development in which the individual's moral reasoning is based on personal principles and values rather than conventional rules.