When there is Debit, some accounts increase and some decrease. Which among the following accounts will increase with a debit? a. Service revenue O b. Furniture Accounts payable d. Capital

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 29MC: Which of the following accounts is increased by a debit? A. Common Stock B. Accounts Payable C....
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When there is Debit, some accounts increase and some decrease.
Which among the following accounts will increase with a debit?
Oa.
Service revenue
O b. Furniture
O c.
Accounts payable
O d. Capital
Transcribed Image Text:When there is Debit, some accounts increase and some decrease. Which among the following accounts will increase with a debit? Oa. Service revenue O b. Furniture O c. Accounts payable O d. Capital
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