Multiple Choice
Which accounts are increased by debits?
A) Cash and Accounts Payable.
B) Salaries Expense and Common Stock.
C) Accounts Receivable and Utilities Expense.
D) Accounts Payable and Service Revenue.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q69: A company incorrectly recorded a receipt of
Q70: Posting is the process of copying data
Q71: Prepaid rent is an expense because the
Q72: When a company borrows money (cash)from the
Q73: Accounts are listed in random order in
Q75: Which of the following is a CORRECT
Q76: The journal is the book of original
Q77: All of the following accounts would be
Q78: A company posted a $8,000 debit to
Q79: When listing the accounts on the trial