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When an owner records a credit for $650 for revenue earned but not yet recieved, the amount of the debit should be A.$325 C.$975 D.$650

When an owner records a credit for $650 for revenue earned but not yet recieved, the amount of the debit should be A.$325 C.$975 D.$650
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4 votes
When an owner records a credit for $650 for revenue earned but not yet recieved, the amount of the debit should be

A.$325

C.$975

D.$650

asked
User Gonzih
by
8.0k points

1 Answer

2 votes
D.

Whenever we credit or debit a transaction, it is ALWAYS in equal amounts. No more, no less.
answered
User Blinry
by
7.3k points
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