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:

Presentation Outline

A structured plan or summary showing the main points, structure, or layout of a presentation to be delivered.

Visual Aids

Materials or devices used to enhance the comprehension of information, including charts, diagrams, videos, and slides.

Professional Demeanor

The conduct or behavior that is considered appropriate and expected in professional settings.

Confidence

involves belief in oneself and one's powers or abilities; it's the feeling of self-assurance.