menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Study Set 5
  4. Exam
    Exam 2: Recording Business Transactions
  5. Question
    Which of the Following Accounts Decreases with a Debit
Solved

Which of the Following Accounts Decreases with a Debit

Question 25

Question 25

Multiple Choice

Which of the following accounts decreases with a debit?


A) Prepaid insurance
B) Cash
C) Land
D) Bills payable

Correct Answer:

verifed

Verified

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

Related Questions

Q21: Which of the following is the order

Q22: A business collects cash from a customer

Q23: Which of the following statements is TRUE?<br>A)A

Q24: Which of the following accounts is an

Q26: A business owner took a withdrawal. Which

Q28: Prepaid expenses are recorded as:<br>A)liabilities.<br>B)debits and credits.<br>C)assets.<br>D)owners'

Q29: Which of the following statements is FALSE?<br>A)A

Q48: A trial balance summarises a ledger by

Q94: The trial balance shows total amounts for

Q154: The trial balance is generally used only

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines