If the Effect of the Debit Portion of an Adjusting

question 49

Multiple Choice

If the effect of the debit portion of an adjusting entry is to increase the balance of an expense account,which of the following describes the effect of the credit portion of the entry?

• A) decreases the balance of an stockholders' equity account
• B) increases the balance of a liability account
• C) increases the balance of an asset account
• D) decreases the balance of an expense account

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Definitions:

Blind

A condition characterized by the lack of visual perception due to physiological or neurological factors, which can range from partial to total inability to see.

Breathing-Related Sleep Disorder

Group of sleep disorders characterized by numerous brief sleep disturbances due to problems breathing.

Apnea

A temporary cessation of breathing, especially during sleep, which can lead to various health complications.

Excessive Sleepiness

A condition where an individual experiences significant and persistent drowsiness despite adequate or even prolonged night-time sleep.