9
answers
1
watching
769
views
11 Dec 2019
Which of the following is not a correct rule of debits and credits?
a. The normal balance for revenues and expenses is a credit.
b. Liabilities, revenues, and stockholders' equity are increased by credits.
c. Assets, expenses, and dividends are increased by debits.
d. Assets are decreased by credits and have a normal debit balance.
Which of the following is not a correct rule of debits and credits?
a. The normal balance for revenues and expenses is a credit.
b. Liabilities, revenues, and stockholders' equity are increased by credits.
c. Assets, expenses, and dividends are increased by debits.
d. Assets are decreased by credits and have a normal debit balance.
marcusnicole284Lv10
30 Jun 2023
papayaprofessorLv10
5 Sep 2022
Already have an account? Log in
Deanna HettingerLv2
9 Apr 2020
Already have an account? Log in
