1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
strojnjashka [21]
3 years ago
9

Which of the following statements is true? A. Expenses are decreased by debits. B. Liabilities are decreased by credits. C. Reve

nues are increased by credits. D. Assets are decreased by debits.
Business
1 answer:
diamong [38]3 years ago
8 0

Answer: Option C

Explanation:

A. As per the general principles of accounting expenses are recorded on the debit side thus they are increases when debit transaction is made.

B. Transactions involving liabilities are recorded on credit side of the accounts.

C. Revenues are recorded on credit side of the transactions thus revenues increased when accounts are credited.

D. Transactions involving purchase of assets are recorded on debit side thus debit transactions increases debits.

You might be interested in
After several years with the publishing house that Jessica started at after college, she has been promoted to manager of the fic
ch4aika [34]
Abcdefghijklmnopqrstuvwxyz
6 0
3 years ago
Help
lana66690 [7]
<h2>Law providing incomplete answer</h2>

Explanation:

1. Lack of competition : This is not the right answer because no business culture will be set up in such a manner to decrease the level of competition. Because employees needs to be competitive for bringing success to the organization.

2. Law providing incomplete answers : This is the right answer.

3. Stagnant or decreasing profit: Business always focuses on profit. So this

4. Lack of strong leadership : Any business culture will only uplift the leadership to both promote individual and the organization.option stands invalid.

4 0
3 years ago
On a standard monopoly board, which square is diagonally opposite 'go'?
LekaFEV [45]
On the standard Monopoly board free parking is diagonally opposite of ‘go’.
4 0
3 years ago
Read 2 more answers
The master budget is: a.used for misinformation and coordination. b.broken down into daily budgets. c.typically for a 1-year per
Dennis_Churaev [7]
C! hope this helps i got it right
8 0
2 years ago
OSHA issues fines against companies which have safety violation in order to _______.
lozanna [386]

OSHA issues fines against companies which have safety violation in order to D. Compel them to make safety improvements.

OSHA stands for the occupational safety and health administration. The OSHA administration makes sure that all safety requirements are being followed by a business to ensure quality and safety of their employees and consumers. OSHA conducts safety inspections to make sure there are no safety violations, if there are, there is a time limit set for when/how to fix the violation.

7 0
3 years ago
Read 2 more answers
Other questions:
  • He primary objective of activity-based management is
    6·1 answer
  • A few years ago, in order to gain market share, Blackboard™, a well-known learning management system software company used by ma
    10·1 answer
  • Give Three ways in which new technology has effected service industries in recent years.
    6·1 answer
  • ​Brown's, a local​ bakery, is worried about increased costs particularly energy. Last​ year's records can provide a fairly good
    6·1 answer
  • How do you suppose the demographics of an aging population of "baby boomers" in the united states will affect the demand for mil
    14·1 answer
  • What technological superiority a major factor in the conquest of the Americas?
    8·1 answer
  • If a business sells 100,000 magazines at £2.50 each and the variable costs are 80p and fixed
    15·1 answer
  • The following selected transactions occur during the first year of operations. Determine how each should be reported in the stat
    10·1 answer
  • Smiley Corporation wholesales repair products to equipment manufacturers. On April 1, 20Y1, Smiley issued $1,400,000 of 4-year,
    12·1 answer
  • What budgeting tips would you help to stay on track financially
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!