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Which of the following accounts increases with a debit?

source : yahoo.com

Which of the following accounts increases with a debit?

Asset and Expense accounts are increased with debits and decreased with credits. Revenue, Liability, and Equity accounts are increased with credits and decreased with debits.

Which of the following accounts increases with a debit?

a. cash (asset, debit increase)

b. interest payable (liability, credit increase)

c. accounts payable (liability, credit increase)

d. capital (equity, credit increase)

Accounting chapter 2 Flashcards | Quizlet

Accounting chapter 2 Flashcards | Quizlet – All of the following accounts are increased with a debit except a. Unearned Revenues b. Land c. Accounts Receivable d. Cash. A. Expenses follow the same debit and credit rules as a. revenues b. assets c. the Common Stock account d. liabilities. B. Which of the following situations increase stockholders' equity? a. Supplies are purchased on account.All of the following accounts are increased with a debit except. Unearned revenues. Which of the following entries records the receipt of cash for two months rent? The cash was received in advance of providing the service. Cash Debit; Unearned rent credit.What type of account is increased with a debit but is a decrease to retained earnings? a. Liability b. Asset c. Revenue d. Expense 2. Which one of the following is not a recognized method of recognizing assets as expenses in a particular accounting period? a.

Accounting Final Flashcards | Quizlet – Which of the following accounts increases with a debit? a.Cash b.Interests Payable c.Accounts Receivable d.Smith, Capital. A. Cash. Which of the following accounts decreases with a debit? a.Cash b.Land c.Accounts Receivable d.Notes Payable. D. Notes Payable. What group of accounts normally has a credit balance?A debit increases asset or expense accounts, and decreases liability, revenue or equity accounts. A credit is always positioned on the right side of an entry. It increases liability, revenue or equity accounts and decreases asset or expense accounts. How Are Debits and Credits Used?Rent Expense Rent Expense is an expense account as part of owners' equity and therefore increases with a debit and decreases with a credit. Deferred Revenue correct Deferred Revenue is a liability account and therefore increases with a credit and decreases with a debit.

Accounting Final Flashcards | Quizlet

What type of account is increased with a debit – Of the following account types, which would be increased by a debit? a. Liabilities and expenses. b. Assets and equity. c. Assets and expenses. d. Equity and revenues. Major Accounts Accounting. Question added by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employedA debit to the drawing account will increase (not decrease) the balance in Mary Smith, Drawing. (Since this drawing account is a contra owner's equity account, the debit will cause the owner's equity to decrease. However, the debit causes the drawing account balance to increase.)Which of the following accounts increases with a debit? Select one: a. Dividends Paid b. Revenue c. Retained earnings d. Gain e. Capital Stock Feedback The correct answer is: Dividends Paid Question 2 Correct 1 points out of 1 Not flaggedFlag question Question text Which of the following

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