Multiple Choice
Revenues
A) Decrease assets
B) Decrease owners' equity
C) Increase liabilities
D) Increase owners' equity
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q99: Based on the following account balances at
Q100: Which of the following types of accounts
Q101: Transactions are typically entered into the General
Q102: Owners' equity accounts are increased by<br>A) Debits<br>B)
Q103: Revenue accounts are<br>A) Increased with debit entries<br>B)
Q104: The basic accounting equation can be used
Q106: Marbletop, Inc. had the following transactions during
Q107: A book of original entry is called
Q108: Solo Company borrowed $4,000 from National
Q109: Golf Company paid a $5,000 cash dividend