A Transaction That Includes a Debit to an Expense and a Credit

question 92

Multiple Choice

A transaction that includes a debit to an expense and a credit to a liability indicates that:

• A)revenues increased.
• B)expenses decreased.
• C)liabilities increased.
• D)liabilities decreased.

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Definitions:

Security

A state of being protected or safe from harm, encompassing physical, emotional, and financial aspects.

Traditional Islamic

refers to the practices, teachings, and beliefs deeply rooted in the Islamic faith, handed down through generations.

Avoidance

A defensive or proactive behavior aimed at preventing discomfort, danger, or engaging with stressful situations.

Outcome

An outcome is the result or effect of an action, decision, or situation.