Which of the Following Accounts Decreases With a Debit

A Expenses reduce owners equity so the normal balance of an expense account is a credit balance. Which of the following accounts is decreased by a debit entry.

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C Expenses increase owners equity so the ordinary balance of the expense.

. A Prepaid Rent B Interest Payable C Accounts Payable D Common Stock. Preferred Stock Preferred Stock is an equity account and therefore increases with a credit and. B Expenses reduce owners equity so the normal balance of an expense account is a debit balance.

Accounts Payable is a liability and increases with a credit entry. Cash account decreases with a credit. Which of the Following Accounts Decreases With a Debit Pe_JayceeWarren109 April 15 2022 Debits And Credits Accounting Education Accounting Classes Financial.

Interest Expense Interest Expense is an expense account as part of owners equity and therefore increases with a debit and decreases with a credit. Particulars Debit Credit Cash 1370 Accounts Payable 770 Office Equipment 900. Benson Company Trial balance June 30 20xx.

Accounts Payable increases with a credit entry. And decreases the equity liability and revenue accounts. Which one of the following account groups will decrease.

The debit increases the following accounts which are expense or the assets accounts. Salaries Payable answers are incorrect as Salaries Payable is a liability that. Cash is an Asset account Increase in assets is represented by a debit.

Decreases in assets account are represented by a. Which of the following accounts increases with a debit. Sales Sales is a revenue account and therefore increases with a credit and decreases with a debit.

In other words the accounts which are. Prepaid Rent Prepaid Rent is an asset.

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