A Status Offense Is A(n)

question 38

Multiple Choice

A status offense is a(n)

• A) act that would be criminal if committed by an adult.
• B) act that would not be punishable if committed by an adult.
• C) act related to drugs/alcohol only.
• D) criminal act involving sexually deviant behavior.

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Definitions:

Credit Side

The right side of an accounting ledger where increases in liabilities, equity, and revenue accounts are recorded.

Debit Side

The left side of a ledger account that records increases in assets and expenses or decreases in liabilities and equity.

Journalizing

A process in accounting that involves recording transactions in a journal before they are transferred to a ledger.

Posting Process

The act of transferring entries from a company's journal to the appropriate accounts in the general ledger.