What Accounts Are Increased with Credits

question 38

Multiple Choice

What accounts are increased with credits?

• A)liabilities and assets
• B)liabilities and expenses
• C)liabilities,revenues and paid-in capital
• D)assets and revenues

Understand the contributions of psychology's pioneers to the field and their historical context.

Recognize the interdisciplinary nature of psychology and its roots in philosophy and biology.

Understand the debates regarding innate ideas and their relevance to psychology.

Comprehend the importance of diverse perspectives in explaining behavior and mental processes.

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Definitions:

Earnings per Share

A financial ratio indicating the proportion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company's profitability.

Stock Dividend

A form of dividend payment made by a company to its shareholders in the form of additional shares, rather than cash.

Large Stock Dividend

A dividend payment made in the form of additional shares rather than cash, usually representing a significant increase in a company's share base.

Price-earnings Ratio

A ratio for valuing a company that measures its current share price relative to its per-share earnings.