A credit entry will:
A)always decrease the account balance.
B)always increase the account balance.
C)increase the balance of a revenue account.
D)increase the balance of an expense account.

Name: A credit entry will: A)always decrease the account balance. B)always increase the account balance. C)increase the balance of a revenue account. D)increase the balance of an expense account.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

A credit entry increases the balance of revenue accounts, as revenues are recorded on the credit side in accounting.

A Credit Entry Will