A Business Uses a Credit to Record

question 16

Multiple Choice

A business uses a credit to record:

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

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Definitions:

Robberies

The act of taking property unlawfully from a person or place by force or threat of force.

Snitches

Individuals who inform on others to authorities, often in exchange for personal gain or reduced punishment.

Professional Criminals

Individuals who engage in criminal activities as their main occupation, often with skills and methods to evade law enforcement.

Arrested

The act of being taken into custody by law enforcement officials for the suspicion of having committed a crime.