Which of the following accounts is increased by a credit ent
Which of the following accounts is increased by a credit entry?
a. Accounts Receivable
b. Salary Expense
c. Dividends
d. Sales Revenue
Solution
Answer;d. Sales Revenue
Sales Revenue always has a credit balance so any credit entry to sales revenue will increase it
Cash a/c Dr xxx
To Sales Revenue xxx
Accounts Receivable a/c Dr. xxx
To Sales Revenue xxxx
