A Debit Is Used to Record

question 36

Multiple Choice

A debit is used to record:

• A) An increase in a liability account.
• B) A decrease in an asset account.
• C) A decrease in the withdrawals account.
• D) An increase in an asset account.
• E) An increase in a revenue account.

---

Definitions:

Direct Channel

A marketing path that involves no intermediaries between the producer and the consumer, allowing for direct business transactions.

Indirect Channel

An indirect channel is a path a product or service takes from the producer to the customer through intermediaries such as wholesalers, distributors, or retailers.

Marketing Channels

The set of intermediaries or pathways through which goods and services are distributed from producers to consumers.

Consumer Product

Goods produced and intended for use by consumers for personal, family, or household purposes.