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. |
