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:

Phonemes

The most basic sounds in any language that differentiate one word from another.

Words

are units of language, composed of one or more spoken sounds or their written representation, that function as a principal carrier of meaning.

Syntax

The arrangement of words and phrases to create well-formed sentences in a language.

Semantics

The branch of linguistics concerned with the meaning of words and language.