A credit means that
A) the event has an effect on the left side of an account.
B) the event is unfavorable.
C) the event is favorable.
D) None of these choices.
Correct Answer:
Verified
Q79: The following transactions occurred during March, the
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Q84: Credit entries are used to
A)increase asset accounts.
B)increase
Q85: The record used to accumulate monetary information
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Q97: Debit entries are used to
A)increase asset accounts.
B)decrease
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