Earning revenue journal entry is recorded as A Increases ass

Earning revenue journal entry is recorded as:

A: Increases assets, decreases stockholders’ liabilities

B: Decreases assets, increases liabilities

C: Increases assets, increases stockholders’ equity

D: Increases one asset, decrease another asset

Answer:

C: Increases assets, increases stockholders’ equity is correct.

Journal Entry for earning revenue	Nature	Effect
Date	Accounts	Debit $	Credit $
	Debtors/Cash	Amount		Assets	Increase(as it has been debited)
	Sales/Revenue		Amount	Stockholders’ equity	Increase(as it has been credited)