Whic of the following accounts is increased with a credit?
a. Supplies expense
b. Supplies
c. Sales
d. Dividends
2007-10-22 04:22:56 · 4 answers · asked by SALLY 1 in Education & Reference ➔ Homework Help
c. Sales. dr Cash or Atc Rec. cr Sales.
2007-10-22 04:44:12 · answer #1 · answered by Wylie Coyote 6 · 0⤊ 0⤋
c. Sales
Dr. Accounts Receivable or Cash
Cr. Sales
2007-10-22 04:27:14 · answer #2 · answered by baby_girl123451 5 · 0⤊ 0⤋
supply expense and supplies are debits so both would be decreased with credits. A credit to sales would reduce sales.A credit to dividends would reduce dividends so the answer is none would be increased by a credit. Easy way to remember is debit increase credit decrease.
2007-10-22 04:36:43 · answer #3 · answered by googie 7 · 0⤊ 1⤋
Assuming Col 1 is Cost, and Col 2 is value at Dec 31, DR Unrealized Loss on AFS Securities 16,300 CR AFS Investments 16,300
2016-05-24 04:11:39 · answer #4 · answered by iva 3 · 0⤊ 0⤋