What Is a Simple Account Form Widely Used in Accounting

question 85

Multiple Choice

What is a simple account form widely used in accounting education to illustrate how debits and credits work is called?

• A) Withdrawals account
• B) Capital account
• C) Ledger
• D) T-account
• E) Balance column account

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Definitions:

MMPI

Minnesota Multiphasic Personality Inventory, a standardized psychometric test of adult personality and psychopathology used to assess and diagnose mental disorders.

Emotionally Troubled

A state of experiencing persistent emotional distress, which may impact an individual's daily functioning and overall well-being.

Trait Theory

A psychological model that suggests personality is composed of a number of broad traits or characteristics.

Predispositions

The tendency or likelihood to behave in a certain way or to develop certain conditions based on genetic or environmental factors.