Accounts That Decrease on the Credit Side Are Liabilities, Common

question 101

True/False

Accounts that decrease on the credit side are liabilities, common shares, revenues, and retained earnings.

---

Definitions:

ICNP

The International Classification for Nursing Practice, a standardized vocabulary that allows nurses to describe and report their work across global healthcare environments.

E-Nursing Strategy

The use of digital information and communication technologies in the nursing profession to improve patient care and enhance nursing practices.

CNA

A Certified Nursing Assistant who provides basic patient care under direction of nursing staff.

Health Informatics

The intersection of information science, technology, and healthcare, focusing on the acquisition, storage, retrieval, and use of healthcare information to foster better patient care.