Which of the following accounts would be credited in a proper journal entry?
A) Cash when it is increased
B) Service Fees when it is increased
C) Capital when it is decreased
D) Accounts Payable when it is decreased

Question

Quizplus · Accepted Answer

In a proper journal entry, the account that is being increased is debited and the account that is being decreased is credited. So, out of the given options, only Service Fees is an income account that would be credited when it is increased.

Which of the Following Accounts Would Be Credited in a Proper