A Payment of a Business Debt Not Including Interest

question 73

Multiple Choice

A payment of a business debt not including interest:

• A)Decreases total assets.
• B)Increases total liabilities.
• C)Increases the owners' equity in the business.
• D)Decreases the owners' equity in the business.

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Definitions:

U

U is the chemical symbol for uranium, a heavy metallic element used as a fuel in nuclear reactors and in the production of nuclear weapons.

Electrons

Electrons are negatively charged subatomic particles found in atoms, crucial for chemical bonds, electricity, and magnetism.

Atoms

The smallest units of matter that form chemical elements, consisting of a nucleus surrounded by electrons.

Potassium

A chemical element with the symbol K, atomic number 19, and one of the alkali metals, essential for living organisms.