A Debit Is Used to Record Which of the Following

question 115

Multiple Choice

A debit is used to record which of the following:

• A) A decrease in an expense account.
• B) An increase in the owner's capital account.
• C) An increase in a revenue account.
• D) An increase in the owner's withdrawals account.
• E) A decrease in an asset account.

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Definitions:

Document

A written or digital record that provides evidence, information, or data relevant to a particular subject or project.

Users

Individuals or groups who utilize or are the intended beneficiaries of products, services, or systems.

Asynchronous Communication

A method of communication where information can be exchanged without requiring participants to be simultaneously engaged, enabling time-flexible interactions.

Examples

Specific instances or cases provided to illustrate a concept, method, or phenomenon.