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11/12/19

[Answer] A debit is used to record which of the following?

Answer: An increase in the dividends account.




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A debit is used to record which of the following? Debits are used to record increases in asset & expense accounts and decreases in liability owner's equity & revenue accounts . Asset expense accounts & the owner's drawing account normally have Debit balances since that is the way they are increased. Answer to: A debit is used to record an increase in all of the following accounts except: a) Cash b ) Dividends c ) Accounts Payable d) Supplies ... 9 A debit is used to record which of the following : A. A increase in a liability account. B. A increase in an asset account. C. A increase in a revenue account. D. A increase in accounts payable. E. A … Sun Jun 13 2010 · Management Services' general journal entry to record this transaction will include a Debit to Management Fees Earned for $60 000 . Credit to fees for $60 000. Credit to Management Fees Earned for $60 000. Credit to Unearned Management Fees for $60 000. Debit to...


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