Ask Question
BusinessBusiness
22 January, 12:47

Which of the following accounts decreases with a credit? A. Cash B. Accounts Payable C. Owner, Capital D. Unearned Revenue

+1
Answers (1)
  1. 22 January, 14:11
    0
    A. Cash account decreases with a credit.

    Explanation:

    Cash is an Asset account, Increase in assets is represented by a debit. Decreases in assets account are represented by a credit.

    The other accounts listed in the question are

    Accounts payable = Liabilities

    Owner capital = Owners' equity

    Unearned Revenue = Liabilities

    Increases in liabilities and owners equity accounts are represented by a credit and decreases by a debit
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following accounts decreases with a credit? A. Cash B. Accounts Payable C. Owner, Capital D. Unearned Revenue ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Assume the commercial banking system has checkable deposits of $20 billion and excess reserves of $2 billion when the reserve ratio is 25 percent. If the reserve ratio is then lowered to 20 percent, we can conclude that the
Answers (1)
Kawasaki Company incurred the following unit costs in manufacturing digital cameras: Direct Materials $14 Indirect Materials (variable) $4 Direct Labor $8 Indirect Labor (variable) $6 Other Variable Factory Overhead $10 Fixed Factory Overhead $28
Answers (1)
1. The roles of money Yakov is heading out to lunch. He goes to the bank and withdraws $30 from his savings account. He heads to a local deli that sells half sub sandwiches for $4.99 and whole subs for $7.99.
Answers (1)
Suppose Zenon Co. issued a long-term bond and received $250,000 cash from the issuance during 2015. The company also issued 12,000 shares of common stock for $260,000. At the end of the year, Zenon paid $165,000 for the dividend declared last year.
Answers (1)
Moorman Corporation reports the following information:Correction of understatement of depredation expenseIn prior years, net of tax $860,000Dividends declared 640,000Net income 2,000,000Retained earnings, 1/1/14, as reported 4,000,000Moorman should
Answers (1)
New Questions in Business
Another benefit of planning ahead for the specific degree you want is A - the opportunity for college scholarships B - less free time to devote to other activities C - frequent searches online to find sources D - additional cost to the parents for
Answers (2)
True or false: suppose that the hypothetical country of prairieland has a chronic scarcity of wheat, its staple grain. this implies that if prairieland has a market economy, wheat will be available only for a price.
Answers (1)
Sheldon has the following year-end account balances: Accounts Receivable, $5,000; Supplies, $12,000; Equipment, $18,000; Accounts Payable, $17,000; Stockholders' Equity, $43,000. The Cash account balance was not available at year-end.
Answers (1)
Nadia was informed about the interest rate and fees before she opened her account with the bank. What act or right made sure she was informed?
Answers (2)
Which form of transportation is the dominant form of domestic transportation?
Answers (1)
Home » Business » Which of the following accounts decreases with a credit? A. Cash B. Accounts Payable C. Owner, Capital D. Unearned Revenue
Sign Up Forgot Password?