Expenses Follow the Same Debit and Credit Rules as

question 76

Multiple Choice

Expenses follow the same debit and credit rules as

• A) revenues
• B) the drawing account
• C) the capital account
• D) liabilities

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Definitions:

Fruit

The mature ovary of a flowering plant, typically containing seeds.

Seeds

The reproductive unit of a flowering plant, capable of developing into another such plant.

Gymnosperms

A collection of plants that produce seeds, such as conifers, cycads, Ginkgo, and gnetophytes, distinguished by their seeds being exposed, not contained within an ovary.

Angiosperms

The largest group of land plants characterized by flowers and fruit, which enclose the seeds.