Which of the Following Is Not a Correct Rule of Debits

question 8

Multiple Choice

Which of the following is not a correct rule of debits and credits?

• A) Assets, expenses, and withdrawals are increased by debits.
• B) Assets are decreased by credits and have a normal debit balance.
• C) Liabilities, revenues, and owner's equity are increased by credits.
• D) The normal balance for revenues and expenses is a credit.

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Definitions:

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A state or quality of being entirely truthful and transparent without withholding any information or details.

Nonverbal Behavior

Communication without words that includes gestures, facial expressions, body posture, eye movement, physical distance, and other body language.

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To build or construct something upright in position or posture.