Which of the following accounts is decreased with a credit?
A) Advertising Fees Earned
B) Insurance Expense
C) Owner's Capital
D) Unearned Revenue

Name: Which of the following accounts is decreased with a credit? A) Advertising Fees Earned B) Insurance Expense C) Owner's Capital D) Unearned Revenue
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Question

Quizplus · Accepted Answer

Insurance Expense is an expense account, which means it has a normal debit balance. When it is credited, it is being decreased.

Which of the Following Accounts Is Decreased with a Credit