To increase a liability account, the account is
A) debited.
B) credited.
C) posted.
D) journalized.
Correct Answer:
Verified
Q36: A chart of accounts should be arranged
Q37: If a journal entry is NOT posted
Q38: Posting must be completed before a trial
Q39: A trial balance that balances proves only
Q40: Transactions are recorded in alphabetical order in
Q42: Which one of the following is equivalent
Q43: A trial balance may be done at
Q44: Which of the following statements is true?
A)
Q46: Which of the following statements about the
Q49: An account consists of
A) a title a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents