Multiple Choice
A business uses a credit to record:
A) An increase in an expense account.
B) A decrease in an asset account.
C) A decrease in an unearned revenue account.
D) A decrease in a revenue account.
E) A decrease in an equity account.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q53: If a company provides services to a
Q78: Andrea Apple opened Apple Photography, Inc. on
Q79: Revenues and expenses are two categories of
Q79: For each of the following accounts, identify
Q80: Jay's Limo Services, Inc. paid $300 cash
Q84: Jerry's Butcher Shop, Inc. had the following
Q85: The accounting process to get from transactions
Q88: Which of the following is not a
Q156: Crediting an expense account decreases it.
Q170: Identify the statement below that is incorrect.<br>A)The