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    Credit Entry

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    A credit entry to an account will:
    A. Always decrease the account balance.
    B. Always increase the account balance.
    C. Increase the balance of a revenue account.
    D. Increase the balance of an expense account.

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    Solution Preview

    Answer: C

    A credit is entered on the right side of the T-account.
    If a credit is entered into a revenue account this increases its balance since revenue ...

    Solution Summary

    This problem is a multiple choice problem analyzing the impact of a credit entry to an account.