For Retained Earnings, the Category of Account and Its Normal

question 164

Multiple Choice

For Retained Earnings, the category of account and its normal balance is ________.

• A) equity and a credit balance
• B) assets and a debit balance
• C) equity and a debit balance
• D) assets and a credit balance

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Definitions:

Power Of Suggestion

The psychological phenomenon where an individual’s thoughts, feelings, or behaviors are influenced by suggestive words, thoughts, or ideas from another person.

Conversion Symptoms

Physical symptoms that occur without a physiological basis, often resulting from psychological conflict or stress.

Conversion Disorder

A mental condition in which a person has blindness, paralysis, or other nervous system symptoms that cannot be explained by medical evaluation.

Spontaneous Self-hypnosis

The natural occurrence of hypnotic-like states without formal induction, often triggered by extreme focus or stress.