Which Pair of Accounts Follows the Rules of Debit and Credit

question 94

Multiple Choice

Which pair of accounts follows the rules of debit and credit in the opposite manner?

• A) Prepaid Insurance and Dividends
• B) Advertising Expense and Land
• C) Dividends and Medical Fees Earned
• D) Interest Payable and Common Stock

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Definitions:

Girls And Boys

The biological and social distinctions between female and male children.

Developing Vocabulary

The process of acquiring new words and their meanings, fundamental to language development and communication skills.

Dress

A piece of clothing for women or girls that covers the body and extends down over the legs.

Identification

in psychology, the process whereby an individual assimilates an aspect, property, or attribute of another and is transformed, wholly or partially, by the model the other provides.