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The Creation of the Normal Curve Concept Is Popularly Credited

question 48

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The creation of the normal curve concept is popularly credited to


Definitions:

Accounts Payable

Accounts payable are liabilities of a company that represent its obligations to pay off short-term debts to its creditors or suppliers.

Normal Debit Balance

Refers to the side (debit or credit) on which an account will typically report a balance, with assets and expenses usually having a normal debit balance.

Recorded By Credits

Transactions that increase liabilities, equity, or revenue, or decrease assets or expenses, reflected in the accounting records.

Increases

A rise in the value or quantity of something, such as assets, revenue, or profits.

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