Consider the Following Accounts: Utilities Expense

question 127

Multiple Choice

Consider the following accounts: Utilities Expense
Accounts Payable
Service Revenue
Common Stock
How many of these accounts are increased with debits?

• A)One.
• B)Two.
• C)Three.
• D)Four.

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Definitions:

Demand For Minerals

The need or desire for minerals, driven by their use in various industries including manufacturing, technology, and construction.

Subsistence Farmers

Farmers who grow food crops to meet the needs of themselves and their families, with little or no surplus for trade.

Severe Deforestation

The widespread and rapid removal or destruction of forests at an alarming rate, leading to ecological imbalance.

Draft Animals

Animals that are trained and used for heavy physical work, such as plowing fields and pulling carts.