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

What countries other then Cuba were inside the U.S blockade zones
Q # 5 please simplify
Do you think the gene EEF1 ALPHA1 supports cell theory
subtract (8x^9+6)-(-7x^9)
Read this excerpt and then answer the question that follows. Cannot we . . . say to woman: "We give to you the ballot, as your undisputed right as an American
Joey has 24 coins in his pocket, the coins are all nickles and dimes. the total value of the coins is 1.85. how many dimes does joey have?
Ba-8 personal water craft are considered what type of motor vessel?
The girl forgot to bring aunscreen. The girl was badly sunburned. The girl could not go to the beach the next day. The girl spent the day at the beach. Which on
If you put $10 in a savings account at the beginning of each month for 15 years, how much money will be in the account at the end of the 10th year? assume that
According to Shaw, who is the hero of this play?