Which of the following accounts is increased with a credit?
A) Supplies
B) Fees Earned
C) Supplies Expense
D) Jane Garcia, Withdrawals

Question

Quizplus · Accepted Answer

Accounts that are increased with a credit are revenue accounts, such as Fees Earned. Accounts that are decreased with a credit are expense accounts and withdrawals accounts, such as Supplies Expense and Jane Garcia, Withdrawals. The Supplies account is typically increased with a debit.

Which of the Following Accounts Is Increased with a Credit