The Normal Balance of an Asset Is a Credit

question 28

True/False

The normal balance of an asset is a credit.

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Definitions:

Cognitive-Behavioral Therapy

A form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts.

Progress

Forward or onward movement towards a goal, often in the context of recovery or development.

Grams

A metric unit of mass equal to one thousandth of a kilogram, commonly used to measure small quantities of material.

Kilograms

A unit of mass in the metric system, equivalent to one thousand grams.