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:

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to acquired immunodeficiency syndrome (AIDS) if not treated.

Keratin

A tough, hard protein contained in skin, hair, and nails.

KOH Mount

A type of mount used when a physician suspects a patient has a fungal infection of the skin, nails, or hair and to which potassium hydroxide is added to dissolve the keratin in cell walls.

Parasitic Insect

An insect that feeds on the blood or tissue of its host, often causing illness or discomfort.