Shane Is Reading Through a Document That Has Comments from His

question 443

Multiple Choice

Shane is reading through a document that has comments from his editor.He needs to respond to one of the comments.He should do which of the following?

• A) Delete the comment.
• B) Resolve the comment.
• C) Reply to the comment.
• D) Accept the comment.

---

Definitions:

Debit And Credit

In accounting, debit and credit are entries that record changes in value to accounts, where debits increase asset or expense accounts and decrease liability, equity, and revenue accounts.

Increase And Decrease

General terms referring to the upward or downward movement in value, quantity, or level of something over time.

Compound Journal Entry

An accounting journal entry that involves more than two accounts, where there is at least one debit and two or more credits, or vice versa.

Debits

Financial transactions that increase assets or decrease liabilities or equity on a company's balance sheet.