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

D/12 = 0.25 bbhhgshdhrjrhfbbdb
how are the ice ages related to geography
Anton is training for a cross-country race. He ran 2 2/4 miles on Saturday and 3 1/4 miles on Sunday. How much farther did Anton run on Sunday? How do you know?
The quotient of m and 7
What were the three hardship pilgrims faced aboard the mayflower
What is 35/6 as a mixed number
Which correctly gives the location of the point (7, –13)? A. Quadrant I B. Quadrant II C. Quadrant III D. Quadrant IV
At STP, which 2.0-gram sample of matter uniformly fills a 340-milliliter closed container?
Is this sentence a compound sentence,They spend most of their lives at sea, but they do come to shore for one purpose - to lay eggs.
The word which means to cut into two parts is _____. dichotomy morphology nomenclature