Which of the Following Is Not a Possible Journal Entry

question 75

Multiple Choice

Which of the following is not a possible journal entry?

• A)Credit assets;Debit expenses.
• B)Debit assets;Debit stockholders' equity.
• C)Credit revenues;Debit assets.
• D)Debit expenses;Credit liabilities.

Identify the nature and classification of costs, expenses, debts, and obligations.

Grasp the processes of financing, investing, and operating activities in business.

Acknowledge the characteristics and valuation of assets.

Understand the implications of liabilities and equity on a company's financial health.

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Definitions:

Mary Ainsworth

A developmental psychologist known for her work in early emotional attachment with the "Strange Situation" assessment.

Sensitive

Having a heightened awareness of, and responsiveness to, the emotions and needs of others or oneself.

Securely Attached

A term from attachment theory describing individuals who have healthy, trusting relationships, often stemming from positive early life experiences.

Acquiring Language

The process by which humans learn to communicate using verbal language, typically occurring in early childhood through natural exposure and interaction with others.