The Account Sometimes Referred to as the Owner's Personal Account

question 74

Multiple Choice

The account sometimes referred to as the owner's personal account or drawing account is called a(n) :

• A) Revenue account.
• B) Withdrawals account.
• C) Capital account.
• D) Expense account.
• E) Liability account.

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Definitions:

Evolve

To evolve is for a species to undergo gradual changes in its genetic makeup over generations, leading to adaptation and variation within the population.

Cerebral Cortex

The outer layer of the brain in vertebrates, responsible for complex brain functions such as thought, memory, emotion, and motor control.

Tetrapods

The superclass of animals with four limbs, including amphibians, reptiles, birds, and mammals, as well as their extinct relatives.

Optic Tectum

A part of the brain found in the midbrain of vertebrates, involved in visual processing.