Examlex

Solved

Which of the Following Changes Was Not Included in the Fourteenth

question 56

Multiple Choice

Which of the following changes was not included in the Fourteenth Amendment?


Definitions:

Debits

In accounting, entries that increase asset or expense accounts, or decrease liability, equity, or revenue accounts.

Assets

Assets are possessions or properties held by a company, anticipated to yield economic advantages in the future.

Credits

An accounting entry that increases liabilities and equity or decreases an asset or expense account in double-entry bookkeeping.

Insurance Expense

The cost incurred by a business for insurance coverage, recognized as an expense over the policy period.

Related Questions