Which of the Accounts Listed Below Would Be Increased with a Debit

question 2

Multiple Choice

Which of the accounts listed below would be increased with a debit entry?

• A)Loans
• B)Equity
• C)Vehicle
• D)Sales

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Definitions:

Mala Prohibita

Acts that are crimes because legislation defines them as such, despite not being inherently evil or immoral.

Statutory Law

Law established by the enactment of legislation by a governing body, as opposed to case law or regulations promulgated by governmental agencies.

Common Law

A legal system based on judicial decisions and precedents, rather than codified laws.

Subjective Fault

A legal concept where an individual's personal judgment or intention affects the determination of liability or guilt.