For Expenses,the Category of Account and Its Normal Balance Is

question 142

Multiple Choice

For Expenses,the category of account and its normal balance is ________.

• A)equity and a credit balance
• B)assets and a debit balance
• C)assets and a credit balance
• D)equity and a debit balance

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Definitions:

Coolie Trade

The historical trade of laborers from Asia, particularly China and India, under contracts that were often exploitative, to work in various parts of the world.

Indentured Laborers

Individuals who worked for a specified period in exchange for passage to the New World, often under harsh conditions.

Chinese Laborers

Workers from China, often who were recruited in the 19th and early 20th centuries to perform labor-intensive tasks, notably on the Transcontinental Railroad and in mining operations.

Sex Workers

Individuals who engage in sexual activities in exchange for money or goods, often within a structured industry.