A Credit Is Used to Record

question 81

Multiple Choice

A credit is used to record:

• A) A decrease in an expense account.
• B) A decrease in an asset account.
• C) An increase in an unearned revenue account.
• D) An increase in a revenue account.
• E) All of these answers are correct.

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Definitions:

Autistic Child

A child who has Autism Spectrum Disorder, a developmental disorder characterized by challenges with social interaction, communication, and by restricted and repetitive behavior.

Imminent Bomb Threat

A situation where there is an immediate and credible indication or warning that a bomb is likely to be detonated.

Ambulance

A vehicle specifically designed and equipped for transporting sick or injured people to a medical facility.

Negative Childhood Experience

Any distressing event or situation encountered during childhood that can have long-lasting adverse effects on an individual's mental, physical, or emotional health.