A Credit Entry

question 211

Multiple Choice

A credit entry:

• A) Is recorded on the left side of a T-account.
• B) Is always a decrease in an account.
• C) Increases asset and expense accounts, and decreases liability, owner's capital, and revenue accounts.
• D) Is always an increase in an account.
• E) Decreases asset and expense accounts, and increases liability, owner's capital, and revenue accounts.

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Definitions:

Sporadic Short-term

Characterized by occasional, irregular bouts or occurrences over a brief duration.

Significant Short-term

Pertaining to events or effects that are important or noticeable, but last for a relatively brief period.

Subliminal Messages

Signals or messages embedded in other media, designed to pass below the normal limits of perception.

Cornea

The transparent front part of the eye that covers the iris, pupil, and anterior chamber, contributing most of the eye's focusing power.