Consider the following accounts:
Dividends
Insurance Expense
Cash
Service Revenue
How many of these accounts are increased with credits?
A)One.
B)Two.
C)Three.

Name: Consider the following accounts: Dividends Insurance Expense Cash Service Revenue How many of these accounts are increased with credits? A)One. B)Two. C)Three.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Consider the following accounts: 
Dividends
Insurance Expense
Cash
Service Revenue
How many of these accounts are increased with credits?
A)One.
B)Two.
C)Three.

Quizplus · Accepted Answer

Service Revenue is increased with credits. Dividends, Insurance Expense, and Cash are increased with debits.

Consider the Following Accounts