Solved

What Would Be the Effect on the Accounts If the Business

Question 103

Multiple Choice

What would be the effect on the accounts if the business provided services to a credit customer?


A) An asset would be debited and an expense debited.
B) Capital would be credited and Revenue credited.
C) An asset would be debited and Revenue credited.
D) An asset would be debited and Capital credited.

Correct Answer:

verifed

Verified

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

Related Questions