Which Accounts Are Increased by Using Debits

question 106

Multiple Choice

Which accounts are increased by using debits?

• A) Cost of Goods Sold, Common Stock, Assets
• B) Dividends, Revenue, Liabilities
• C) Assets, Cost of Goods Sold, Expenses
• D) Liabilities, Capital Stock, Revenue

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Definitions:

Negative

Characterized by the absence of positives, or containing adverse, harmful, or undesirable characteristics or outcomes.

Individualistic Culture

A culture that emphasizes personal freedom and achievement, where individuals are encouraged to pursue their own goals and self-expression.

Collectivistic Culture

Cultures that prioritize the goals, needs, and views of the group over those of the individual.

Emotional Reactions

Responses governed by feelings or affective states rather than logic or thoughtful analysis.