Multiple Choice
A credit is used to record an increase in all of the following accounts except:
A) Accounts Payable
B) Service Revenue
C) Unearned Revenue
D) Wages Expense
E) Owner's Capital
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: A transaction that credits an asset account
Q39: A company's chart of accounts is a
Q45: Transactions are recorded first in the ledger
Q115: After preparing an (unadjusted)trial balance at year-end,R.Chang
Q117: Rowdy Bolton began Bolton Office Services in
Q118: For each of the accounts in the
Q121: A business's record of the increases and
Q123: The chronological record of each complete transaction
Q124: A business uses a credit to record:<br>A)An
Q190: _ are promises of payment from customers