A Business Uses a Credit to Record

question 16

Multiple Choice

A business uses a credit to record:

• A) A decrease in an asset account.
• B) A decrease in a capital account.
• C) A decrease in a revenue account.
• D) A decrease in an unearned revenue account.
• E) An increase in an expense account.

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Definitions:

Cognitive Restructuring

Cognitive Restructuring is a psychological technique that aims to identify and challenge irrational or maladaptive thoughts and replace them with more rational or adaptive thoughts.

High Standards

Expectations or criteria that are significantly above the typical or average level, often challenging to meet or achieve.

Negative Beliefs

Thoughts or convictions that are pessimistic or unhelpful, often contributing to negative outcomes or mental health issues.

Rational-emotive Therapy

Rational-emotive therapy is a form of psychotherapy that identifies irrational beliefs, challenges them, and encourages the development of more rational thought patterns to promote emotional well-being.