Increases in Liability Accounts Are Recorded as Debits

question 198

True/False

Increases in liability accounts are recorded as debits.

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Definitions:

Cuneiform

Relating to the wedge-shaped bones or in the context of ancient writing systems, specifically an early system of writing with wedge-shaped marks.

Concussion

A type of traumatic brain injury caused by a blow to the head or body, a fall, or another injury that jars or shakes the brain inside the skull.

Temporal Bone

A bone of the skull, located at the sides and base of the skull, and housing the structures of the ears.

Tarsal Bone

One of seven ankle bones.