A Credit Is Used to Record

question 82

Multiple Choice

A credit is used to record:

• A)An increase in an expense account.
• B)An increase in an asset account.
• C)An increase in an unearned revenue account.
• D)A decrease in a revenue account.
• E)A decrease to retained earnings.

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Definitions:

Phenytoin

A medication used to prevent seizures in conditions like epilepsy, by slowing down impulses in the brain that cause seizures.

Fashion Magazines

Publications dedicated to fashion and lifestyle, showcasing the latest trends, designs, and industry news.

Computer Use

The utilization of computers and software for a variety of tasks, including communication, data processing, and entertainment.