In Which of the Following Types of Accounts Are Increases

question 19

Multiple Choice

In which of the following types of accounts are increases recorded by credits?

• A) revenues and liabilities
• B) drawing and assets
• C) liabilities and drawing
• D) expenses and liabilities

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Definitions:

Suite Crime

A term not traditionally recognized in academic or professional fields, potentially referring to crimes committed within business or hotel suites. NO.

Street Crime

Criminal activities that occur in public places, often involving theft, vandalism, or violence.

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Nelson Mandela

An anti-apartheid revolutionary, political leader, and philanthropist who served as President of South Africa from 1994 to 1999, known for his role in ending apartheid and fostering reconciliation.