elliecampbell1403 elliecampbell1403
  • 04-05-2021
  • Mathematics
contestada

Is assets debit or credit

Respuesta :

castilloaleysha77
castilloaleysha77 castilloaleysha77
  • 04-05-2021

Answer:

Debit

Step-by-step explanation:

Assets and expenses have natural debit balances. This means positive values for assets and expenses are debited and negative balances are credited. For example, upon the receipt of $1,000 cash, a journal entry would include a debit of $1,000 to the cash account in the balance sheet, because cash is increasing.

Answer Link
KLawrence0508
KLawrence0508 KLawrence0508
  • 05-05-2021

Answer:

debit

Step-by-step explanation:

Answer Link

Otras preguntas

Winter tides in the northern hemisphere tend to be larger than summer tides mainly because
The Brontë sisters published their novels under the pseudonyms Currer Bell, Ellis Bell, and Acton Bell. Why do you think they chose to publish their works under
Which of these is not allowed
The first large and well organized attempt to promote women's rights came in 1848 in
How did the culture of the nok changed by an outside force?
4/3 = -6e - 5/3 what does e equal ?
a poem that is meant to be spoken out loud, or even sung. A.sonnet B.haiku C.genre D.ballad
Use the rules of equations and inverse operations to solve the equation. In your final answer, include all of your work. 25 - x^ 2 = -150
What is the shape of our Milky Way galaxy? Question 4 options: a) Irregular b) elliptical c) triangular d) spiral
Mother half shaved half head and no makeup - feminism?