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) Common Stock
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q45: Transactions are recorded first in the ledger
Q103: A company's list of accounts and the
Q129: The right side of an account is
Q141: _is the process of transferring journal entry
Q181: Indicate on which of the financial statements
Q186: The chronological record of each complete transaction
Q187: The balances for the accounts of Milo's
Q188: Describe the link between a business's income
Q190: The record of all accounts and their
Q241: Explain the recording and posting processes.