On June 18, Baltic Arena paid $6,600 to Marvin Maintenance, Inc. for cleaning the arena following a monster truck show. Which of the following most likely occurred as a result of this transaction?

A. The accounts receivable account was debited.

B. Total assets increased.

C. The cash account was credited.

D. Total liabilities increased.

C

Business

You might also like to view...

Give four principal reasons economies of scale can occur when output increases. Provide examples of each for a service firm

What will be an ideal response?

Business

Use the information in Scenario 2.2. What is the normal time for this job element if the rating factor is 75%?

A) 15.06 seconds B) 14.92 seconds C) 13.42 seconds D) 11.19 seconds

Business