For Capital,the Category of Account and Its Normal Balance Are

question 78

Multiple Choice

For Capital,the category of account and its normal balance are:

• A) Owner's' equity and a credit balance.
• B) Assets and a debit balance.
• C) Liabilities and a credit balance.
• D) Assets and a credit balance.

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Definitions:

Dependent Variable

A variable in statistical modeling, experiments, or observations that is expected to change as a result of manipulations in the independent variable(s).

Independent Variables

Variables that are manipulated or categorically varied by researchers in an experiment to determine their effect on dependent variables.

Multicollinearity

Refers to a situation in statistics where independent variables in a regression model are highly correlated, potentially leading to difficulties in estimating the relationship between each independent variable and the dependent variable.

Independent Variables

Variables in an equation or model that are assumed to influence or cause changes in dependent variables.