The Recording of an Expense Could Result in a Corresponding

question 156

Multiple Choice

The recording of an expense could result in a corresponding increase in

• A)owner's equity.
• B)revenue.
• C)a liability.
• D)an asset.

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Definitions:

Depressant

A substance that reduces arousal or stimulation, effectively slowing down body functions.

Stimulant

A substance that raises levels of physiological or nervous activity in the body, commonly found in drugs or medications.

Psychological Dependence

A form of dependence characterized by a perceived need for a substance or behavior to achieve a sense of well-being or to avoid discomfort.

Physiological Dependence

A state in which the body has adapted to the presence of a drug or substance, leading to withdrawal symptoms when the substance is reduced or discontinued.