Which of the Following Accounts Is Increased with a Debit

question 62

Multiple Choice

Which of the following accounts is increased with a debit?

• A) Common Stock
• B) Rent Payable
• C) Legal Fees Earned
• D) Dividends

---

Definitions:

General Intelligence

A theoretical measure of an individual's overall mental capability as opposed to specific abilities or skills.

Triarchic Intelligence

A theory by Robert Sternberg that intelligence comprises analytical, creative, and practical abilities.

Savant Syndrome

A condition in which a person otherwise limited in mental ability has an exceptional specific skill, such as in computation or drawing.

Factor Analysis

A statistical method used to describe variability among observed, correlated variables in terms of potentially lower number of unobserved variables, called factors.