Increases and Decreases in Various Types of Accounts Are Listed

question 3

Essay

Increases and decreases in various types of accounts are listed below. In each case, indicate by "Dr." or "Cr."
(a) whether the change in the account would be recorded as a debit or a credit and
(b) whether the normal balance of the account is a debit or a credit.

---

Definitions:

Antedated

Refers to a document or event dated earlier than the actual date, often done to give the appearance of an earlier occurrence.

Material Fact

A fact that is significant or essential to the issue or matter at hand, which, if known, could influence an individual's decision.

Nondisclosure

An agreement or clause that prohibits the sharing of confidential information.

Material Fact

Information that is significant enough to influence a decision or the outcome of a legal case or transaction.