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Why drawing balance is debit?
Drawings account is contra account for reducing the owners capital account and as capital account is credit so contra account should be debit so that it can use to reduce the balance from owner’s capital.
What would happen to the other side of the journal entry with a decrease in an asset?
there should be increase in any other asset or decrease in liability or decrease in owners equity to balance.
Can capital redemption reserve account be created out of securities premium account?
No. CRR should be created out of divisible profits only
Where on the balance sheet are the capital account?
Capital is also the net asset. This value is the closing capital amount. Just below, there should be a the (Owner's) Equity section where you can find the opening capital value and at the end you can find the closing capital, which should be the same value as the new asset.
How does prepaid expense and accrued expense affect the profit of a business?
it will either increase or decrease profit. Prepaid expense should increase profit as the amount has been overstated.
What should you do to the slope to increase the IMA?
you decrease it
You should increase or decrease with each additional environmental factor your following distance with 1 second?
Decrease
When a battery runs out does the battery voltage increase decrease or stay the same?
It should decrease
What should be Journal entry for purchase of building from capital reserve account?
Credit your capital account, debit the freehold property account
Should an acid-test ratio increase or decrease?
ok
Why drawing balance is debit?
Drawings account is contra account for reducing the owners capital account and as capital account is credit so contra account should be debit so that it can use to reduce the balance from owner’s capital.
Testosterone level decrease during training?
No it should actually increase.
Should wolves in the greater Yellowstone ecosystem be allowed to increase or decrease?
??
Does ACTH increase oral secretions?
ACTH is stress hormone. It should decrease the oral secretions. Rather it will decrease the oral secretions.
What would happen to the other side of the journal entry with a decrease in an asset?
there should be increase in any other asset or decrease in liability or decrease in owners equity to balance.
Does the rate of cooling increasing make a crystal increase?
the size of crystal should be decrease
How could one open a money market deposit account with Capital One?
One can open a money market account with Capital One by visiting the Capital One website. On the website one should follow the "Opening an Account" link.
