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sattari [20]
3 years ago
12

Which statement about the rules of debit and credit is true? A. If accounts receivable is decreased with a credit, the normal ba

lance is a credit. B. If accounts payable is increased with a credit, the normal balance is a credit. C. If capital is increased with a debit, the normal balance is a debit. D. If cash is decreased with a debit, the normal balance is a debit.
Business
1 answer:
almond37 [142]3 years ago
3 0
The correct answer to your question is letter B. If accounts payable is increased with a credit, the normal balance is a credit. 
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$3,150

Explanation:

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Answer:

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<u>To calculate the allocated costs to each product line, first, we need to calculate the predetermined overhead rate:</u>

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Based on the information the amount of penalty that Victoria will have to pay is $850.

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Inconclusion the amount of penalty that Victoria will have to pay is $850.

Learn more about penalty here:brainly.com/question/1178265

8 0
3 years ago
The credit portion of the adjustment for the depletion of a coal mine was credited to the Coal Mine account. This error would ca
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its not b. the periods net income to be understated

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