Multiple Choice
Which accounts are increased by debits?
A) Assets and owners' equity
B) Expenses and owners' equity
C) Assets, expenses and dividends
D) Assets, expenses and owners' equity
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q42: The payment for monthly rent of an
Q43: The left side of a T-account is
Q60: Notes payable,accounts payable,taxes payable and salaries payable
Q88: The normal balance of the Supplies account
Q89: The normal balance of a revenue account
Q90: A grouping of all the T-accounts with
Q92: The purchase of office furniture for cash
Q94: Paying a previous dividend due to the
Q95: Which type of account is decreased when
Q136: The normal balance of the Accounts Payable