What Type of Account Is Increased with a Debit but Represents

question 40

Multiple Choice

What type of account is increased with a debit but represents a decrease in retained earnings?

• A)Liability
• B)Asset
• C)Revenue
• D)Dividends

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Definitions:

Diffusion of Responsibility

A sociopsychological phenomenon where individuals are less likely to take action or feel a sense of responsibility when others are present.

Marketing Strategy

is a business's comprehensive plan for reaching prospective consumers and turning them into customers of their products or services.

Deindividuation

A psychological state characterized by reduced self-awareness and decreased sense of personal responsibility, often occurring in group settings.

KKK Members

Individuals affiliated with the Ku Klux Klan, a white supremacist hate group that advocates for racist and discriminatory ideologies.