Question and answer
Debits are used to record (Points : 4) a.increases in assets. b. increases in revenue. c.increases in owner's equity. d. increases in liabilities.
Debits are used to record - - a. INCREASE IN ASSETS.
Expert answered|yumdrea|Points 3774|
Question
Asked 1/11/2014 4:42:20 PM
Updated 1/11/2014 9:56:13 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Confirmed by debnjerry [1/11/2014 9:56:13 PM]
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Business papers, such as checks, invoices, receipts, letters, and memos, that furnish proof that a transaction has taken place are called (Points : 2) a. ledgers b. source documents c.debit entries d. accounts
Weegy: Business papers, such as checks, invoices, receipts, letters, and memos, that furnish proof that a transaction has taken place are called: b. source documents. (More)
Question
Expert Answered
Updated 1/11/2014 6:52:29 PM
0 Answers/Comments
Assets and liabilities are reported on (Points : 4) a. the balance sheet. b.c.the income statement. the statement of owner's equity. d. both the balance sheet and the income statement
Weegy: Assets and liabilities are reported on: A. the balance sheet. (More)
Question
Expert Answered
Updated 1/18/2014 4:52:17 PM
0 Answers/Comments
Revenues and expenses are reported on the (Points : 4) a. balance sheet b. income statement c.statement of owner's equity
Question
Not Answered
Updated 1/18/2014 4:50:56 PM
1 Answer/Comment
Revenues and expenses are reported on the INCOME STATEMENT.
Added 1/18/2014 4:50:56 PM
This answer has been confirmed as correct and helpful.
When an entry is made in the general journal, (Points : 4) a.assets should be listed first. b. accounts to be debited should be listed first. c. accounts to be increased should be listed first. d. accounts may be listed in any order
Question
Not Answered
Updated 3/6/2016 8:15:05 AM
1 Answer/Comment
When an entry is made in the general journal, accounts to be debited should be listed first.
Added 3/6/2016 8:15:05 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [3/6/2016 8:18:39 PM]
Which of the following would cause the Trial Balance to be out of balance? (Points : 4) a. Placing the Capital account balance in the Credit column b. Placing the Equipment account balance in the Debit column c. Placing the Rent Expense account balance in the Debit column d. Placing the Accounts Receivable balance in the Credit column
Weegy: account, which reduces accounts receivable, with a corresponding debit to bad debt expense ... it in balance and clears it out ... [ owe, the credit column on a T-Account ... (More)
Question
Expert Answered
Updated 1/11/2014 6:45:36 PM
1 Answer/Comment
Placing the Accounts Receivable balance in the Credit column
would cause the Trial Balance to be out of balance.
Added 1/11/2014 6:45:32 PM
This answer has been confirmed as correct and helpful.
27,077,189
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
(5 + 4 – 2) × (–2) = ? User: Simplify 12 - (-8) × 4 = ? User: ...
Weegy: (3n – 2m)^2 = (3n - 2m)(3n - 2m) = 9n^2 - 6mn - 6mn + 4m^2 = 9n^2 - 12mn + 4m^2 = 4m^2 - 12mn + 9n^2 User: ...
7/10/2018 8:34:04 AM| 4 Answers
Which of the following is an example of an improper fraction? ...
Weegy: 3 3/5 as an improper fraction is 18/5. User: How are unlike fractions identified? A. The numerators ...
7/13/2018 4:29:47 PM| 3 Answers
Narcotics are pain killing drugs.
Weegy: Narcotics are pain killing drugs.
7/15/2018 8:20:11 PM| 2 Answers
An adjective or clause. Always includes a/an
Weegy: An adjectival clause always includes a relative pronoun. User: Every adverbial clause begins with a User: ...
7/6/2018 12:08:23 AM| 2 Answers
Your high beam headlights illuminate the road in front of you for __ ...
Weegy: Your low beam headlights illuminate the road in front of you for approximately 150 feet. User: You may be ...
7/7/2018 5:03:59 AM| 2 Answers
What is 2 2 User: What is a telephone?
7/7/2018 11:38:27 AM| 2 Answers
S
L
P
Points 149 [Total 349] Ratings 0 Comments 149 Invitations 0 Offline
S
L
Points 112 [Total 112] Ratings 0 Comments 82 Invitations 3 Offline
S
L
R
P
R
Points 104 [Total 427] Ratings 0 Comments 4 Invitations 10 Offline
S
R
L
R
P
R
P
R
R
Points 88 [Total 822] Ratings 0 Comments 8 Invitations 8 Offline
S
Points 49 [Total 49] Ratings 1 Comments 39 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 3 [Total 3] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.