In Accordance with the Rules of Debit and Credit, Which

question 53

Multiple Choice

In accordance with the rules of debit and credit, which of the following is true?

• A) Debits increase assets.
• B) Credits increase assets.
• C) Debits increase both assets and retained earnings.
• D) Credits increase both assets and liabilities.

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Definitions:

Ovum

A female reproductive cell or egg that, when fertilized by a sperm, can develop into an embryo.

Spermatozoon

A male reproductive cell, or sperm cell, that carries a man's DNA to the female ovum.

Fallopian Tube

A pair of tubes along which eggs travel from the ovaries to the uterus.

Low-dose X-ray

Imaging technique that uses a small amount of ionizing radiation to produce pictures of the inside of the body.