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What is the percent increase. if school tuition increased from 30 dollar per credit to 90 dollar per credit?
Wiki User
∙ 11y ago
This is an increase of 200% per credit.
Wiki User
∙ 11y ago
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What is increased when equipment is purchased on credit?
Increase in Assets & increase in Liabilities
What percent will your income increase if you accept credit cards?
Credit cards cannot increase your income.
How do you increase a liability?
A liability account is a credit account, and credit accounts can be increased by writing a credit in the journal entry. Therefore, a liability is increased by crediting it.
Is an Increase in Dividends a credit or debit?
Dividends are increased with debits.
What credit means that an account has been increased?
Any credit is an increase to an account. A debit is a decrease to the account.
If sales increase do accounts receivables increase?
If increased sales are all on credit then it will also increase the accounts receivable as well.
Why there is an increase in receivable in a balance sheet?
Due to increased credit sales there is a chance of increase of accounts receivable in balance sheet.
Are revenue accounts increased by credits?
Revenue accounts have credit balance as a normal balance so credit is the way to increase the revenue account.
Will a credit entry to an account increase the balance of a revenue account?
Yes. Since revenue accounts are "credit" accounts, they are increased by credit entries and decreased by "debit" entries.
Do liability accounts increase on the credit side?
Yes, liabilities maintain a "credit" balance, which means they will increase with a credit and decrease with a debit. For example, if you purchase land on credit, the Note Payable is a liability and is increased with the credit. The book transaction may look something like:Land (debit) $50,000Note Payable - Land (credit) $50,000
Are purchases account is increased by a credit and decreased by a debit?
Purchases account is personal account in nature so debit means increase and credit means decrease.
Can unpaid tuition hurt your credit?
no
