Question and answer
13. The capital account (Points : 1) decreases with increased revenue. increases with increased expenses. has a normal balance of a debit. increases when the owner invests money in the business.
The Capital account increases when the owner invests money in the business.
Question
Asked 2/3/2015 10:31:12 AM
Updated 2/5/2015 7:15:39 PM
1 Answer/Comment
Get an answer
New answers
Rating
3
The Capital account increases when the owner invests money in the business.
Added 2/5/2015 7:15:39 PM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
6. The terms "profit and loss statement" or "operating statement" are sometimes used as synonyms for the balance sheet. (Points : 1) True False
Question
Updated 2/7/2015 11:07:55 AM
1 Answer/Comment
The terms "profit and loss statement" or "operating statement" are sometimes used as synonyms for the balance sheet. This is FALSE. They are used as synonyms for the income statement.
Added 2/7/2015 11:07:55 AM
This answer has been confirmed as correct and helpful.
5. A business that makes a product to sell is called a manufacturing business. (Points : 1) True False
Question
Not Answered
Updated 2/3/2015 10:38:55 AM
1 Answer/Comment
A business that makes a product to sell is called a manufacturing business. TRUE.
Added 2/3/2015 10:38:55 AM
This answer has been confirmed as correct and helpful.
16. Examples of revenue accounts include all of the following EXCEPT (Points : 1) Wages. Sales. Delivery Fees. Professional Fees.
Question
Updated 11/25/2017 11:52:49 AM
1 Answer/Comment
Examples of revenue accounts include all of the following EXCEPT wages.
Added 11/25/2017 11:52:49 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [11/25/2017 12:54:24 PM]
18. A debit (Points : 1) is on the left side. decreases assets. increases liabilities. increases owner's equity.
Question
Updated 2/5/2015 7:14:16 PM
1 Answer/Comment
A debit is on the left side.
Added 2/5/2015 7:14:16 PM
This answer has been confirmed as correct and helpful.
22. A trial balance is taken periodically to check the equality of the debits and credits. (Points : 1) True False
Question
Not Answered
Updated 12/20/2017 8:46:57 AM
1 Answer/Comment
A trial balance is taken periodically to check the equality of the debits and credits. True.

Added 12/20/2017 8:46:57 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [12/20/2017 9:33:50 AM]
29,276,702
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
What is an imperative sentence?
2/7/2019 9:44:46 PM| 46 Answers
What is the heart?
Weegy: Heart of Darkness (1899) is a novella by Polish novelist Joseph Conrad, about a voyage up the Congo River into ...
2/6/2019 5:22:22 AM| 27 Answers
If your working on reducing stress, what should be your first step?
Weegy: If you're working on reducing stress, your first step should be: Identify the causes of stress.
2/8/2019 5:31:30 PM| 24 Answers
What does a new database contain? A. A new empty table B. Sample ...
Weegy: B. Sample data
2/10/2019 7:48:29 PM| 13 Answers
A feature that is not the direct result of glaciation is a(n): ...
Weegy: A feature that is not the direct result of glaciation is a striation.
2/12/2019 10:45:27 PM| 8 Answers
Antoine is making a banner in the shape of a triangle. He wants to ...
Weegy: The border will be 33b- 8 long.
2/15/2019 4:26:02 AM| 6 Answers
A person who is lactose intolerant would have difficulty digesting ...
Weegy: People who are lactose intolerant cannot digest the sugar in milk.
2/8/2019 7:38:06 PM| 6 Answers
To limit records displayed to those that match your criteria you ...
Weegy: To limit records displayed to those that match your criteria, you apply a filter.
2/10/2019 9:16:45 PM| 5 Answers
S
R
L
R
P
R
P
R
R
R
R
P
R
P
P
P
L
Points 1536 [Total 6359] Ratings 11 Comments 1426 Invitations 0 Offline
S
L
1
R
Points 1032 [Total 1284] Ratings 15 Comments 802 Invitations 8 Offline
S
L
P
C
Points 937 [Total 2244] Ratings 3 Comments 907 Invitations 0 Offline
S
L
Points 423 [Total 423] Ratings 0 Comments 13 Invitations 41 Offline
S
L
Points 362 [Total 473] Ratings 11 Comments 242 Invitations 1 Offline
S
L
Points 307 [Total 1368] Ratings 2 Comments 287 Invitations 0 Offline
S
L
Points 245 [Total 245] Ratings 4 Comments 15 Invitations 19 Offline
S
L
Points 174 [Total 174] Ratings 1 Comments 4 Invitations 16 Offline
S
L
Points 162 [Total 162] Ratings 0 Comments 2 Invitations 16 Offline
S
L
Points 103 [Total 103] Ratings 0 Comments 13 Invitations 9 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.