Marcus Observes That the Bank Overdraft Account Is a Liability

Multiple Choice

Marcus observes that the bank overdraft account is a liability account and has a credit balance. He also notices that the accounts payable account is a liability account and has a credit balance. Therefore, Marcus comes to the conclusion that all liability accounts have a credit balance. Which approach is Marcus using in developing his theory that all liability accounts having credit balances?

A) Conceptual reasoning.
B) Conclusive reasoning.
C) Inductive reasoning.
D) Deductive reasoning.