menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 2
  4. Exam
    Exam 3: Processing Accounting Information
  5. Question
    A Credit Means That
Solved

A Credit Means That

Question 125

Question 125

Multiple Choice

A credit means that


A) the event has an effect on the left side of an account.
B) the event is unfavorable.
C) the event is favorable.
D) None of these choices.

Correct Answer:

verifed

Verified

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

Related Questions

Q11: If a company purchases equipment by issuing

Q68: For each of the following accounts, indicate

Q120: The system of accounting in which there

Q121: All of the following are external events

Q122: Each account has a normal balance.For the

Q124: Wolfe Inc.reports these account balances at

Q126: Each account has a normal balance.For the

Q127: Which of the following events (transactions) is

Q128: Your bookkeeper is off for the day

Q130: Use the following five transactions for

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