A Debit to a Liability Account Always Indicates

question 155

Multiple Choice

A debit to a liability account always indicates

• A) a liability has been incurred.
• B) an expense has been incurred.
• C) the liability has been decreased.
• D) a liability has been paid.

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Definitions:

Different Career

Pursuing a professional path that diverges from one’s previous job or career orientation, often implying a significant change in job role or industry.

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Tip-of-the-Tongue Experiences

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