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5. a. Recording revenue earned on account is what kind of transaction? Asset source. b. Asset use. c. Claims exchange. d. Claims decrease. I 6.
5. a. Recording revenue earned on account is what kind of transaction? Asset source. b. Asset use. c. Claims exchange. d. Claims decrease. I 6. The entry to record accrued salary expense involves a a. credit to salary expense and a debit to cash. b. credit to salary expense and a debit to salary payable. debit to salary expense and a credit to salary payable. d. credit to salary receivable and a debit to salary expense. C. 7. a. Select the true statement. A debit to a liability account will increase the balance of the account. b. A credit to a revenue account will decrease the balance of the account. A debit to an asset account will increake the balance of the account. d. A credit to the retained earnings account will decrease the balance of the account
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