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Amanda Stahl
on Nov 18, 2024

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All of the following accounts are increased with a debit except

A) Unearned Revenues
B) Land
C) Accounts Receivable
D) Cash

Unearned Revenues

Liabilities recognized when a company receives payment for goods or services yet to be delivered or performed.

Debit

An accounting entry that results in either an increase in assets or expenses or a decrease in liabilities, equity, or income.

Credit

The provision of resources (like money) by one party to another, where repayment is expected in the future, often with interest.

  • Recognize the accounts that increase with debits and those that increase with credits.
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MS
Michel ShelliNov 23, 2024
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