Ignoring GST, the Correct Entry to Record the Purchase of a Motor

question 34

Multiple Choice

Ignoring GST, the correct entry to record the purchase of a motor vehicle for $45 000 cash is:

• A) DR Bank $45 000; CR Motor vehicles $45 000
• B) DR Motor vehicles $45 000; CR Bank $45 000
• C) DR Motor vehicles $45 000; CR Equity $45 000
• D) DR Motor vehicles $45 000; CR Accounts receivable $45 000

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Definitions:

Hippocampus

A region of the brain critical for the formation of new memories and involved in learning and emotions.

Estrus

The periodic sexual excitement of many female mammals as governed by levels of sex hormones.

Revascularization

A medical process aimed at restoring normal blood flow to tissues or organs that have had their blood supply compromised.

Refractory Period

In the sexual response cycle, a period of time following orgasm during which an individual is not responsive to sexual stimulation.