To Increase an Asset Account We Would _______________ It and to Increase

question 22

Essay

To increase an asset account we would _______________ it and to increase a liability account,we would ______________ it.
Answers need to appear in the order shown above.

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Definitions:

Primacy Effect

The tendency to remember items at the beginning of a list better than those in the middle or end.

Retrograde Amnesia

A loss of memory-access to events that occurred, or information that was learned, before an injury or the onset of a disease.

Anterograde Amnesia

A memory disorder affecting the ability to form new memories following the onset of amnesia.

Short-term Memory

A limited-capacity store that can maintain information for a short period of time, typically seconds to minutes, without rehearsal.