Credit in ledger means ___ . Options: A . &nbspEntries on right hand side B . &nbspA decrease in liabilities C . &nbspAn increase in expenses D . &nbspAn increase in assets

Credit in ledger means __

Question

Credit in ledger means ___ .

Options:

A . Entries on right hand side

B . A decrease in liabilities

C . An increase in expenses

D . An increase in assets

Answer: Option A
:
A
Credit in ledger means " Entries on right hand side".

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Question 9. Income received in advance but not earned will appear in the balance sheet as ___.....

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