Name the property under multiplication used in the following.? 1) -2/3=1×-2/3=-2/3?

The property under multiplication used in the given equation is the identity property of multiplication.

1. When a company pays a bill, the account Cash will be______ A. Debited B. Credited 2. What will usually cause the liability account Accounts Payable to increase? A. Debit B. Credit 3. Entries to revenues accounts such as Service Revenues are usually A. Debits B. Credits Assume the owner of XYZ Co. withdraws cash from the business for personal use 4. As a result of this transaction, Assets __________ A. Increase B. Decrease C. No Effect 5. As a result of this transaction, Owner's (or Stockholders') Equity A. Increase B. Decrease C. No Effect 6. The company receives cash from a bank loan; as a result of this transaction, Owner's (or Stockholders') Equity_________ A. Increase B. Decrease C. No Effect 7. The company purchases land by paying half in cash and signing a note payable for the other half. as a result of this transaction, Assets Liabilities A. Increase Increase B. Decrease Decrease C. Increase Decreas D. Decrease Increase E. No Effect No Effect 8. The accounting equation should remain in balance because every transaction affects how many accounts? A. Only One B. Only Two C. Two Or More 9. The cost of fire insurance for a manufacturing plant is generally considered to be a: A. product cost. C. period cost. B. variable cost. D. all of the above. 10. The salary of the president of a manufacturing company would be classified as which of the