What type of account is increased with a debit but is a decrease to retained earnings?

a. Liability
b. Asset
c. Revenue
d. Expense


d

Business

You might also like to view...

A budget need not contain both revenue and expense components

Indicate whether the statement is true or false

Business

In order for MRP implementation to be successful, ______.

A. senior management should take a hard-line approach B. employees must be trained and made aware of benefits C. new employees must be hired D. the whole production process must be revamped

Business

Prediction is a statement about what will happen or might happen in the future such as future sales or employee turnover.

Answer the following statement true (T) or false (F)

Business

A marketing researcher wants to do a survey to probe in-depth consumer attitudes about their experiences with the company's products. He is LEAST likely to get what he wants if he uses

A. a mail survey. B. personal interviews. C. online focus groups. D. telephone interviews.

Business