Which of the Statements of the Rules of Debit and Credit

question 69

Multiple Choice

Which of the statements of the rules of debit and credit is true?

• A) Decrease Accounts Receivable with a credit and the normal balance is a credit.
• B) Increase Accounts Payable with a credit and the normal balance is a credit.
• C) Increase Revenue with a debit and the normal balance is a debit.
• D) Decrease Cash with a debit and the normal balance is a debit.

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Definitions:

International Conflicts

Disputes between different countries or nations, which can involve military, economic, or diplomatic disagreements and can escalate to war.

Defense Industries

Industry sectors that produce weapons, military technology, and equipment for the purpose of national defense and security.

Permanent Workers

Employees who are hired on an indefinite basis, often receiving full-time benefits and job security, as opposed to temporary or contract workers.

Aircraft Manufacturing

The industry involved in designing, producing, and maintaining aircraft.