Credit entries-increased and decreased with debit

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Reference no: EM131258192

1. Which of the following is increased with a debit?

A. Consulting Revenue

B. Supplies Expense

C. Accounts Payable

D. Common Stock

2. Credit entries

A. increase the common stock account.

B. increase asset accounts.

C. decrease liability accounts.

D. all of these

3. Which of the following is decreased with a credit?

A. Unearned Service Revenue

B. Consulting Revenue

C. Accounts Payable

D. Prepaid Rent

Reference no: EM131258192

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