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
Alinara [238K]
2 years ago
15

A revenue account is increased by debits. is decreased by credits. has a normal balance of a debit. is increased by credits.

Business
1 answer:
Elenna [48]2 years ago
5 0

Answer: is increased by credits

Explanation:

Revenue accounts are increased by credits because they are an equity account and equity accounts increase by credit. This is because the corresponding entry would be an asset such as cash and as the asset has to increase by being debited, revenue must be increased by credit.

Other accounts that are increased by credit include liabilities. Accounts that increase by debits apart from assets include purchases and expenses.

You might be interested in
Hugh is in charge of creating the value proposition for a new start-up company. In order for him to create an effective value pr
marta [7]

Answer:

Who is the target buyer for the offering, what is the offering to the buyer, why is the offering unique for the customer

Explanation:

Since in the given situation, it is mentioned that the hugh developed the value proposition for newly startup company so for developing the effective value proposition he need to answer the question for a consumer that involved about the target purchaser who is offering, the offering made to the buyer and the unique offering made to the customer

These 3 types of questions he need to answer

4 0
2 years ago
Which are my revenues and which are my expenses (besides ones that say expense)? And what should be my net income?
Tasya [4]

Rent expense, land purchased, utility, salary expense, accounts payable, dividend, salaries, insurance---that is your expense for the year. Look at your income is Retained earning, accounts receivable, service revenue, common stock. Add all the expense and subtract from earning that will be your net income.

3 0
3 years ago
Piper Corporation’s standards call for 1,000 direct labor-hours to produce 250 units of product. During October the company work
jekas [21]

Answer: C. 1200 hour

Explanation:

It is indeed 1200 hours because the units produced increased by 20% and therefore, theoretically, so should the time.

5 0
3 years ago
Starting an investment portfolio at a young age means:
Zinaida [17]

Answer:

c. There is greater potential for high yield over a longer period

Explanation:

6 0
3 years ago
Pete is a woodworker and charges $125 an hour for his time manufacturing custom-made wood products. For his wife's birthday, he
andreev551 [17]

Answer:

GDP is not affected by Pete's production of the jewelry box.

Explanation:

Pete is a woodworker and works 20 hours to prepare a jewelry box to gift his wife. If Pete prepares this jewelry box to sell and earn revenue, this will be considered in GDP but in this case Pete prepares a jewelry box to give his wife as his wife's birthday gift.

All types of gifts received or given in kind are not included in Gross Domestic Production.

6 0
3 years ago
Other questions:
  • Five years ago, Miller Manufacturing spent $150,000 on a new piece of industrial machinery. Six months ago, the firm spent $32,0
    6·1 answer
  • Micro Enterprises has the capacity to produce 10,000 widgets a month, and currently makes and sells 9,000 widgets a month. Widge
    9·1 answer
  • Step 2: What factor is used<br>miles per minute?​
    7·1 answer
  • Bev is opening her own court-reporting business. She financed the business by withdrawing money from her personal savings accoun
    7·1 answer
  • Western auto inc. pays a​ $1.77 preferred dividend every quarter and will maintain this policy forever. what price should you pa
    9·1 answer
  • A company normally sells its product for $20 per unit. However, the selling price has fallen to $15 per unit. This company's cur
    15·1 answer
  • If fixed costs are $256,000, the unit selling price is $38, and the unit variable costs are $22, what are the old and new break-
    12·2 answers
  • A commission employee derives their income from the number of items or goods that they produce. True or Flase
    10·1 answer
  • What is implication for the Government in the tax policy ?
    12·2 answers
  • The interest charged on a $252000 note payable, at the rate of 6%, on a 90-day note would be (Use 360 days for calculation.)
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!