Register
When an owner records a credit for $650 for revenue earned but not yet recieved, the amount of the debit should be A.$325 C.$975 D.$650
141k views
4 votes
When an owner records a credit for $650 for revenue earned but not yet recieved, the amount of the debit should be

A.$325

C.$975

D.$650

User Gonzih
by
7.5k points

1 Answer

2 votes
D.

Whenever we credit or debit a transaction, it is ALWAYS in equal amounts. No more, no less.
User Blinry
by
6.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.5m questions

11.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Link Copied!