Which of the Following Is Not a Possible Journal Entry

question 113

Multiple Choice

Which of the following is not a possible journal entry?

• A)Credit assets;Debit expenses.
• B)Debit assets;Debit stockholders' equity.
• C)Credit revenues;Debit assets.

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Definitions:

Faculty Member

An academic staff member of a university or college involved in teaching, research, and possibly administrative duties.

Doctoral Student

An individual engaged in an advanced level of study and research, aiming to earn a Doctorate degree.

Role-Play Counselor

A training or therapeutic technique where individuals act out roles, typically within a counseling session, to explore behaviors, practice social skills, or gain insights into personal or interpersonal issues.

Generosity Error

Error that occurs when an individual rates another person inaccurately because he or she identifies with the person being rated.