A Credit to a Liability Account

question 27

Multiple Choice

A credit to a liability account

• A) indicates an increase in the amount owed to creditors.
• B) indicates a decrease in the amount owed to creditors.
• C) is an error.
• D) must be accompanied by a debit to an asset account.

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Definitions:

Fort Bragg

A major United States Army installation located in North Carolina, known for being the home of the U.S. Army airborne forces and Special Forces, as well as U.S. Army Forces Command.

Clinical Services

Professional health services that involve the assessment, diagnosis, treatment, and prevention of health-related issues through direct interaction with patients or clients.

Integrated Therapy

A therapeutic approach that combines multiple schools of psychological theory and technique to address the needs of the client.

Therapists

Professionals trained to diagnose and treat mental health issues, helping individuals cope with their feelings, thoughts, and behaviors.