increase owner's equity and decrease liabilities B. increase net income and decrease assets C. decrease assets and owner's equity D. increase assets and decrease owner's equity Earning revenue: a. increases ass
State whether the normal balance is a debit or credit balance. Is the cash account an asset, a liability, or an owner's equity account? Does a debit or a credit represent an increase? State whether the normal balance is a ...
you include sales made on credit as revenue, as long as you have given the goods or services to the customer. In thecash method of accounting, you only include sales as revenue if the customer has paid you.
apayment of cash dividend 2000. Dividend payment is distribution of Retained Earnings——owner's equity account, increase of which is credit; distribution of it is to the opposite——debit side. 现金股息的付款2000年。 股息支付是保留的收入所有者的主权帐户,增量的发行,其中是信用; 发行它是对相反借...