A revenue account: (a) is increased by debits. (b) is decreased by credits. (c) has a normal

Question:

A revenue account:

(a) is increased by debits.

(b) is decreased by credits.

(c) has a normal balance of a debit.
(d) is increased by credits.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 9781119298229,9781119305842

10th Edition

Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel

Question Posted: