Which of the following accounts would be increased with a credit?
A) Land; Accounts Payable; Drawing
B) Accounts Payable; Unearned Revenue; Collins, Capital
C) Collins, Capital; Accounts Receivable; Unearned Revenue
D) Cash; Accounts Receivable; Collins, Capital

Question

Quizplus · Accepted Answer

Accounts Payable, Unearned Revenue, and Collins, Capital are all increased with a credit. Accounts Payable and Unearned Revenue are liabilities, and Collins, Capital represents owner's equity, all of which increase on the credit side.

Which of the Following Accounts Would Be Increased with a Credit