Which of the following accounts increases with a credit?
A) Owner, Withdrawals
B) Owner, Capital
C) Accounts Receivable
D) Prepaid Expense

Name: Which of the following accounts increases with a credit? A) Owner, Withdrawals B) Owner, Capital C) Accounts Receivable D) Prepaid Expense
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Question

Quizplus · Accepted Answer

Owner, Capital increases with a credit because it represents the owner's equity in the business, which increases with earnings and contributions, typically recorded as credits.

Which of the Following Accounts Increases with a Credit