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Question 9 of 10 How should an annual business license fee be recorded in a journal entry? A. As a credit, because it is an increased liability B. As a credit, because it creates equity C. As a debit,
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Question 9 of 10

How should an annual business license fee be recorded in a journal entry?
A. As a credit, because it is an increased liability
B. As a credit, because it creates equity
C. As a debit, because it is an increased expense
D. As a debit, because it is a loss
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User Santthosh
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Answer:

Step-by-step explanation:

As a debit, because it is an increased expence

User Yas
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