The Normal Balance of an Expense Account Is a Because

question 51

Multiple Choice

The normal balance of an expense account is a because expenses decrease .

• A) credit; assets
• B) debit; revenues
• C) credit; liabilities
• D) debit; shareholders' equity

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Definitions:

Social Networks

Refers to structures made up of individuals or organizations that are connected by one or more specific types of interdependency, such as friendships, kinships, common interests, financial exchanges, or beliefs.

Positive Self-Concepts

The belief and regard one has for themselves in a favorable and confident manner.

Self-Concept

An individual's comprehension and perception of themselves, shaped by experiences, attitudes, and beliefs.

Social Context

The direct physical and social surroundings where individuals reside or where certain events or developments occur.