Question: k Question 1.7 A credit may signify a: O decrease in assets O decrease in revenue. O decrease in capital. O decrease in liabilities k

k Question 1.7 A credit may signify a: O decrease in assets O decrease in revenue. O decrease in capital. O decrease in liabilities k Question 1.8 A debit may signify a(n): O decrease in asset accounts o decrease in the drawing account O decrease in liability accounts o increase in the capital account Question 1.9 Which of the following describes the classification and normal balance of the fees earned account? O asset credit O liability, credit O revenue, credit O owners equity, debit

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