Examples of revenue accounts include all of the following EXCEPT
A) Wages.
B) Sales.
C) Delivery Fees.
D) Professional Fees.
Correct Answer:
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Q36: Mandy withdraws $600 from her business.This transaction
Q37: Services on account increase a revenue account
Q38: Elysa paid $135 for utilities for her
Q39: The standard T account includes all of
Q40: An account is a form or record
Q42: Liability,owner's capital,and revenue accounts normally have
A) debit
Q43: The capital account
A) decreases with increased revenue.
B)
Q44: Accounts that affect owner's equity are
A) assets,capital,and
Q45: The drawing account should be used to
Q46: The normal balance of a capital account
A)
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