QUESTION 4 Increase Consulting Revenue with a:

Question

Question

QUESTION 4 Increase Consulting Revenue with a:

QUESTION 4

Increase Consulting Revenue with a:

Debit
Credit

QUESTION 5

The account classification for Accounts Receivable is:

Asset
Liability
Equity
Revenue
Expense

QUESTION 6

Decrease Unearned Revenue with a

Debit
Credit

QUESTION 7 Increase cash with a

Debit
Credit

business accounting

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Answer 1

Answer #1

Question- 4. - Credit

Generally revenues has a credit balance and to increase the revenue credit should be made.

Question- 5) - Asset.

Account receivable is an Asset has a debit balance nature. Its shown assets side under Current Assets.

Question- 6) Debit.

Unearned Revenue is decreased with a Debit, its opposite to revenue nature.

Question- 7)Debit.

Generally cash has a debit balance to increase the balance we should again debit cash.

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Answer 2

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