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Is an insurance expense a debit or credit?

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Anonymous

∙ 14y ago
Updated: 9/21/2023

Debit

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Wiki User

∙ 14y ago
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Is rent expense a debit or credit?

debit


Is a miscellaneous expense a debit or a credit?

debit


Is prepaid insurance a debit or credit?

Debit


Is wages expense credit or debit?

Debit, debit increasing wages


Is salary expense a debit?

it is a credit

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Is Insurance Expense credit or debit?

Debit


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If revenue (income of money) is a credit, then an expense (outflow of money) is a debit.


Is rent expense a debit or credit?

debit


Is a miscellaneous expense a debit or a credit?

debit


Is wages due debit or credit?

wages is expense and expense is debit salary is income and income is credit


The entry to close the appropriate insurance account at the end of the accounting period isWhat?

debit Income Summary; credit Insurance Expense


Is prepaid insurance a debit or credit?

Debit


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Is the current months rent expense is a debit or credit?

debit


Is a increase in rent expense a debit or credit?

I say it is a debit

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