The Normal Balance of an Expense Account Is a ________

question 9

Multiple Choice

The normal balance of an expense account is a ________ because expenses decrease ________.

• A) debit, assets
• B) debit, expenses
• C) debit, stockholders' equity
• D) credit, stockholders' equity

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Definitions:

Structure

The way in which a company or organization is organized, including the distribution of responsibilities, roles, and authority among members.

Loose-Tight Leadership

A leadership approach that combines flexibility and adaptability with strict control and order when necessary.

Pet-Peeve Technique

A method used in problem-solving or creativity sessions where participants express annoyances to explore solutions or innovations.

Rigid Organizational

Describing a business or structure that is inflexible and resistant to change.