A Debit Is Used to Record

question 186

Multiple Choice

A debit is used to record:

• A) A decrease in an asset account.
• B) A decrease in an expense account.
• C) An increase in a revenue account.
• D) An increase in the balance of an owner's capital account.
• E) An increase in the balance of the owner's withdrawals account.

---

Definitions:

Uniform Probate Code

A set of laws intended to simplify the probate process and standardize the administration of estates across various states.

States Adopted

The action of U.S. states formally accepting or enacting a statute, regulation, or policy.

Died Testate

A legal term referring to a person who has died leaving a valid will.

Testator

One who makes a valid will.