Why Are Expenses Increased with a Debit

question 13

Multiple Choice

Why are expenses increased with a debit?

• A)They are always paid by cash, which is credited.Thus expenses are debited.
• B)They decrease stockholders' equity thus they are increased with a debit.
• C)They have the same rules of debits and credits as the retained earnings account.
• D)None of the statements are correct.

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Definitions:

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A social construct referring to roles, behaviors, activities, and attributes that a given society considers appropriate for men and women.

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