If an expense account is credited, the expense account is increased()
举一反三
- 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
- expense account money
- 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.
- Bad debt expense is recorded when an account is determined to be uncollectible.
- For example, the purchase of advertising services on account, the recording of the expense will be accompanied by an increase in . A: liabilities B: assets C: cost D: expense