Which of the Following Can Be an Effect of a Transaction

question 221

Multiple Choice

Which of the following can be an effect of a transaction that increased an asset of a corporation for the accounting equation to balance?

• A) There is an equal decrease in another asset.
• B) There is an equal decrease in equity.
• C) There is an equal decrease in a liability account.
• D) Both liabilities and equity decrease.

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Definitions:

Neurotic Behavior

Patterns of thought, feeling, and behavior that are dysfunctional or maladaptive, often stemming from anxiety or neurosis.

Psychotic Behavior

It refers to patterns of thought and behavior that are markedly out of touch with reality, often including delusions and hallucinations.

Psychoanalytic Therapy

A therapeutic approach developed by Sigmund Freud, aiming to explore unconscious conflicts and motivations to treat psychological disorders.

Personality

A person's unique patterns of thoughts, feelings, and behaviors that persist over time and across situations.