What Type of Account Is Increased with a Debit but Is

question 118

Multiple Choice

What type of account is increased with a debit but is a decrease to retained earnings?

• A) Liability
• B) Asset
• C) Revenue
• D) Expense

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Definitions:

4-5 A.M.

A time period in the early morning often considered quiet and still, sometimes associated with spiritual or reflective practices.

5-7 P.M.

A time period in the evening often considered as "rush hour" or a transitional time between work and home life for many people.

9-11 A.M.

A time range in the morning hours, typically recognized as a period for work, meetings, or other scheduled activities.

Social Profile

An individual's public persona or identity as represented on social media platforms, encompassing personal information, activities, and connections.