When an expense account is increased:
A: an amount is entered on the credit side of the expense account.
B: stockholders' equity is not affected.
C: an amount is entered on the debit side of the expense account.
D: cash must always be credited.
A: an amount is entered on the credit side of the expense account.
B: stockholders' equity is not affected.
C: an amount is entered on the debit side of the expense account.
D: cash must always be credited.
举一反三
- If an expense account is credited, the expense account is increased（）
- The increase of revenue should be ( ). A: debited to a revenue account B: debited to a expense account C: credited to a revenue account D: credited to a expense account
- What type of account is Unearned Revenue (asset, liability, stockholders’ equity, revenue, or expense) and what is its normal balance, respectively?
- expense account money
- Company receive the money of the loan, $200 000, and deposit it in its bank account, which side should we record the account Cash in bank? A: debit B: credit