MC6 What does a credit balance in a trial balance indicate?
A. A decrease in assets or an increase in liabilities
B. An increase in assets or a decrease in liabilities
C. A decrease in revenue or an increase in expenses
D. An increase in revenue or a decrease in expenses
Answer:A
MC6 What does a credit balance in a trial balance indicate?
A. A decrease in assets or an increase in liabilities B. An increase in assets or a decrease in liabilities C. A decrease in revenue or an increase in expenses D. An increase in revenue or a decrease in expenses