Which of the Following Statements Is True of Revenues

question 108

Multiple Choice

Which of the following statements is true of revenues?

• A)Revenues decrease equity,so a revenue account's normal balance is a credit balance.
• B)Revenues decrease equity,so a revenue account's normal balance is a debit balance.
• C)Revenues increase equity,so a revenue account's normal balance is a debit balance.
• D)Revenues increase equity,so a revenue account's normal balance is a credit balance.

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Definitions:

Antisocial Behavior

Actions that harm or lack consideration for the well-being of others, often violating social norms and laws.

Elaborate Pretend Play

A complex form of pretend play in which children create and act out scenarios, often involving role-play and imaginative use of objects.

Creativity

The ability to generate novel solutions to problems; a trait characterized by flexibility, ingenuity, and originality.

Peers

Individuals of similar age or status, especially other children or adolescents who from a child's social group.