The best interpretation of the word credit is the
A) left side of an account.
B) increase side of an account.
C) right side of an account.
D) decrease side of an account.
Correct Answer:
Verified
Q48: Which of the following is not true
Q69: The double-entry system requires that each transaction
Q70: A T account consists of
A) a title,
Q71: Which pair of accounts follows the rules
Q72: The right side of an account is
A)
Q73: An accountant has debited an asset account
Q77: For the basic accounting equation to stay
Q78: The normal balance of any account is
Q79: A credit to an asset account indicates
Q140: Which of the following statements is true?
A)Debits
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents