An Account Is Increased by a Debit and Has a Normal

question 48

Multiple Choice

An account is increased by a debit and has a normal balance of a debit. This account is:

• A)an expense account.
• B)a liability account.
• C)an asset account.
• D)both an expense account and an asset account.

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Definitions:

Eating Binges

Episodes of excessive food consumption within a short time period, often accompanied by a sense of loss of control over eating behaviors.

Anorexia Nervosa

A psychological and potentially life-threatening eating disorder characterized by an extremely low body weight relative to stature, an intense fear of gaining weight, and a distorted perception of body weight and shape.

Dieting

The practice of eating in a regulated manner to achieve or maintain a controlled weight.

Anorexia Nervosa

A serious psychological and eating disorder characterized by an extreme fear of weight gain and a distorted body image, leading to restricted food intake and excessive weight loss.