Which of the Following Is True

question 52

Multiple Choice

Which of the following is true?

• A) An asset account would be decreased with a debit.
• B) A liability account would be increased with a debit.
• C) A revenue account would be increased with a credit.
• D) An expense account would be increased with a credit.

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Definitions:

Mesopotamia

An ancient region located in the eastern Mediterranean, broadly corresponding to present-day Iraq, northeastern Syria, southeastern Turkey, and parts of western Iran, known as the cradle of civilization.

Recordkeeping

The practice of maintaining and preserving records or documents detailing an organization's or individual's activities and transactions.

Bronze Metallurgy

The practice and knowledge involved in producing bronze, an alloy of copper and tin, used in tools, weapons, and sculptures in ancient times.

Warfare

The engagement in or activities associated with armed conflict between countries or groups.