s the effect of the debit of the entry entry is to ncreases

s the effect of the debit of the entry? entry is to ncreases the balance of an asset account increases th. balance of an expens. account

Solution

option B) is the correct answer

Increase the balance of the expense account

In adjusting entries liability is credited when expenses are accrued .For example if salary and wages are not yer accrued then salary and wage expense account will be debited and salary and wages liability account will be credited.

option B) is the correct answer

Increase the balance of the expense account

In adjusting entries liability is credited when expenses are accrued .For example if salary and wages are not yer accrued then salary and wage expense account will be debited and salary and wages liability account will be credited.

 s the effect of the debit of the entry? entry is to ncreases the balance of an asset account increases th. balance of an expens. account Solutionoption B) is t

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