Solved

The Normal Balance of a Revenue Account Is a Because

Question 17

Multiple Choice

The normal balance of a revenue account is a because revenues increase .

A) debit, expenses
B) debit, stockholders' equity
C) credit, stockholders' equity
D) debit, assets

Related Questions

Q12: If the debit amount of an entry

Q14: What type of account is prepaid insurance?<br>A)An

Q15: Receiving a payment from a customer on

Q16: The payment for rent of the office

Q18: The entry to record the purchase of

Q19: Double- entry accounting means that each transaction:<br>A)debits

Q20: Consider the following transactions: I. Owners invested

Q21: Which type of account is decreased when

Q81: When the trial balance is out of

Q132: All business transactions involve an increase in