Which pair of accounts follows the rules of debit and credit in the same manner?
A)Service Revenue and Equipment
B)Land and Dividends
C)Notes Payable and Buildings
D)Wages Expense and Service Revenue

Name: Which pair of accounts follows the rules of debit and credit in the same manner? A)Service Revenue and Equipment B)Land and Dividends C)Notes Payable and Buildings D)Wages Expense and Service Revenue
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

Both Land and Dividends are increased by debits and decreased by credits.

Which Pair of Accounts Follows the Rules of Debit and Credit