0
Adjustments for accrued income always involve a credit to an income account?
Updated: 4/28/2022
Wiki User
∙ 12y agoBest Answer
True
Wiki User
∙ 12y agoThis answer is:
Add your answer:
Earn +20 ptsQ: Adjustments for accrued income always involve a credit to an income account?
Write your answer...
Submit
Still have questions?
Continue Learning about Accounting
Does accrued salaries have a debit or credit balance?
Credit; liability accounts are always credit
Does Debit always increase an account?
No Debit never increases an account. It decreases the amount
Does a debit entry always increases an account's balance?
no
Does a revenue account normally have a debit balance?
No. A revenue account should always show a credit balance.
Which balance does a cash accounts always show?
In debit balance a cash account always shown.
Related questions
Does accrued salaries have a debit or credit balance?
Credit; liability accounts are always credit
Does a change in position always involve a force?
Yes, a change in position always involve force.
What do quantitative observations always involve?
Quantitative observations involve quantinty or numbers .
Does chemical weathering always involve water?
Not always but sometimes
Gang-related homicides most always involve?
Gang related homicides always involve ruined, thrown away lives.
Gang-related homicides almost always involve?
Gang related homicides always involve ruined, thrown away lives.
Do polar molecules always involve oxygen?
No
What should you always remember when you use coarse adjustments?
It sets or adjusts the coarse of a speciment in a microscope.
A combustion reaction will always involve the release of?
Heat
Do chemical reactions always involve changes in energy?
no
Gang related homicides almost always involve what?
Gang related homicides always involve ruined, thrown away lives. See related question below.
Does respiration always involve the production of carbon dioxide and water?
no.
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.