A Revenue Account Normally Has a Debit Balance

question 122

True/False

A revenue account normally has a debit balance.

---

Definitions:

Serial Processing

The act of processing information in a sequential manner, one operation at a time.

Parallel Processing

The ability of the brain to simultaneously process incoming stimuli of differing quality, a fundamental method of information processing in the human mind.

Overextension

A language development error in which a child applies a word too broadly, beyond its appropriate context.

Overregularization

A language acquisition error where children apply general grammatical rules too widely, leading to incorrect language uses, such as "goed" for "went."