The Normal Balance of an Expense Account Is a ________

question 131

Multiple Choice

The normal balance of an expense account is a ________ because expenses decrease ________.

• A) credit; assets
• B) debit; shareholders' equity
• C) credit; liabilities
• D) debit; revenues

---

Definitions:

Overestimate

To estimate or judge something to be larger, greater, or of higher importance than it actually is.

Overestimate

To assess something as larger or more important than it actually is; making an assessment that exceeds the true dimensions or scope.

Electronic Medium

A form of communication or media that utilizes electronic technology for disseminating information, such as the internet or digital television.

Psychological Control

The manipulation of someone else's psychological and emotional state to influence their behavior, often in a negative way.