Asked by
Taylor Pettit
on Nov 12, 2024
Verified
A debit signifies a decrease in
A) assets
B) expenses
C) drawing
D) revenues
Revenues
Income earned by a company from its business activities, typically from the sale of goods and services to customers.
- Recognize the normal balance (debit or credit) for various account types.
Verified Answer
JG
Learning Objectives
- Recognize the normal balance (debit or credit) for various account types.