Solved

A Credit Entry

Question 87

Multiple Choice

A credit entry


A) increases asset and expense accounts, or decreases liability, equity, and revenue accounts
B) Is recorded on the left side of a T-account
C) Decreases asset and expense accounts, or increases liability, equity, and revenue account
D) Decreases asset, expense and revenue accounts.
E) Increases the withdrawals account

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions