Examlex

Solved

In the Eighteenth Century, Which of the Following Sanctions Was

question 50

Multiple Choice

In the eighteenth century, which of the following sanctions was generally imposed by English courts on convicted felons?


Definitions:

Debit

An accounting entry that increases an asset or expense account, or decreases a liability or equity account, reflected on the left side of an account.

Credit

An accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is also used to refer to the provision of resources by a credit provider to a borrower.

Expenses

Costs incurred in the process of earning revenues, generally categorized as operating or non-operating.

Debit

An accounting entry that increases assets or expenses or decreases liabilities, equity, or revenue.

Related Questions