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The account title used for recording thepayment of rent in advance for an officebuilding isA. Prepaid RentB. Rent PayableC. Rent RevenueD. Rent ExpenseTo increase the Accountspayable account,• a business would recorda to A/P.• To increase the Revenueaccount,• a business would recorda to Cash.• To increase the Expenseaccount, a business wouldrecord a to Expense.• To increase the Dividendaccount, a business wouldrecord a to Dividend.Which of the following decreases with a credit?Which of the following accounts increases with a credit?The Accounts Receivable account of Brownstone, Inc. hasthe following postings:Calculate the ending balance of the account
The following are selected current month's balancesfor Allbright Enterprises:Accounts Payable $8,000Revenue 12,000Cash 6,000Expenses 1,300Furniture 10,000Accounts Receivable 14,000Common Stock 7,250Notes Payable 4,050Based on this information, calculate is the totalamount of debits for the trial balance?A. $24,000B. $25,300C. $30,000D. $31,300