Owner's Withdrawals Is A(n)________ Account That Has a Normal ________

question 143

Multiple Choice

Owner's Withdrawals is a(n) ________ account that has a normal ________ balance.

• A)liability;credit
• B)equity;debit
• C)liability;debit
• D)equity;credit

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Definitions:

Fulfilling Social Roles

The process of meeting the expected patterns of behavior associated with an individual's position in a social structure.

An Ideal

A concept or standard of perfection or excellence toward which efforts are directed as a goal to achieve.

A Community

A group of people living in the same place or having a particular characteristic in common, or the sense of fellowship that arises from sharing common attitudes, interests, or goals.

Empirically Derived

Based on observations or experiences rather than theory or pure logic. Data or conclusions are drawn from experiments or systematic observations.