yes it did not
This is True according to American Government: Roots & Reform; O'Conner 2011
Rent expense has a debit balance as a normal balance so increase in rent will be shown by debit to rent expense.
An increase in expense is recorded as a debit on the financial statements.
it will either increase or decrease profit. Prepaid expense should increase profit as the amount has been overstated.
Neither. Depreciation is a non-cash expense.
To effectively increase your expense account, you can track your spending, set a budget, cut unnecessary expenses, negotiate better deals, and look for ways to increase your income.
no if the owner expense money on his property it w'll increase the value not decrease (shaista)
The increase in gas prices has an impact on everything, literally. Company's that ship merchandise, receive merchandise, provide services, etc, have to account for the increase expense of gas in order to "move" their products. The increase in gas price is an increase in expense for the company, in order to compensate for this increase in expense, the company must raise their prices to still be able to meet Sales and Profit Margins. This increase in expense is past on to us by higher food cost, higher shipping cost, higher cost in anything a consumer purchases.
An increase in expenses will typically result in a debit entry on the financial statement. This means that the expense account will be debited, reflecting the increase in expenses incurred by the business.
revenue
yes
I say it is a debit