Which of the following accounts is increased by a debit entry?
A)Common Stock Capital Stock)
B)Equipment
C)Unearned Subscription Revenue
D)Notes Payable

Question

Quizplus · Accepted Answer

Equipment is an asset account and increases with a debit entry. Common Stock (A) and Capital Stock (A) are equity accounts and typically increase with a credit entry. Unearned Subscription Revenue (C) and Notes Payable (D) are liability accounts and typically increase with a credit entry.

Which of the Following Accounts Is Increased by a Debit