An Expense

question 131

Multiple Choice

An expense:

• A)will decrease the amount of net income on the income statement.
• B)will decrease the amount of contributed capital on the balance sheet.
• C)will be increased with a credit to the account.
• D)normally has a credit balance.

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Definitions:

Professional Robbers

Individuals who engage in theft or burglary as a regular occupation, often with a high level of skill or organization.

Spur Of The Moment

Actions taken impulsively, without premeditation or planning.

Interpersonal Relations

The way in which two or more individuals interact and communicate with each other in a social setting.

Drop In Crimes

A decrease in the number and severity of reported criminal acts within a specific area or time period.