In the Past 40 Years,the Proportion of Students Who Have

question 75

Multiple Choice

In the past 40 years,the proportion of students who have completed high school has:

• A) halved.
• B) doubled.
• C) tripled.
• D) quadrupled.

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Definitions:

Normal Balance

The side (debit or credit) of an account that is typically increased; for assets and expenses, it's a debit; for liabilities, equity, and revenue, it's a credit.

Debit

An entry recorded on the left side of an account in bookkeeping, indicating an increase in assets or expenses or a decrease in liabilities, equity, or income.

T Account

A T Account is a visual representation used in accounting to depict the debit and credit transactions affecting a particular account.

Credit Side

The credit side of an account in double-entry bookkeeping is where decreases in assets or expenses or increases in liabilities, equity, and income are recorded.