Expenses Follow the Same Debit and Credit Rules as

question 76

Multiple Choice

Expenses follow the same debit and credit rules as

• A) revenues
• B) the drawing account
• C) the capital account
• D) liabilities

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Definitions:

Occupations

Various forms of employment or professions in which individuals engage to earn a living.

Secretaries

Administrative professionals who perform routine clerical and organizational tasks to support the functioning of an organization.

Glass Ceiling Effect

An invisible barrier that prevents minorities and women from advancing to the highest levels of leadership and management, regardless of their qualifications or achievements.

Leadership Positions

Positions of authority and responsibility where individuals guide, direct, and influence the work of others.