Which of the Following Accounts Increases with a Debit

question 206

Multiple Choice

Which of the following accounts increases with a debit?

• A) Prepaid Rent
• B) Interest Payable
• C) Accounts Payable
• D) Owner, Capital

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Definitions:

Gross Negligence

An action committed with extreme reckless disregard for the property or life of another person.

Duty To Render

Is the obligation to provide a service or perform specific tasks under a contract or legal agreement.

Conscious Negligence

A situation where an individual is aware of the potential harm their lack of care or failure to act might cause, but disregards the risks.

German Law

A legal system established in Germany, characterized by its codified laws, which include civil, criminal, and public law.