Question: Please answer with reason for all why the option is correct and why the other options are incorrect,, can you help with this Accounting type

Please answer with reason for all why the option is correct and why the other options are incorrect,,
can you help with this Accounting type Question:
Which of the following item will have credit balance?
A. Deferred revenue income
B. Income earned but not received
C. Declared but unpaid dividend
D. Deduction on issue of debentures

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Please answer with reason for all why the option is correct and why the other options are incorrect,, can you help with this Accounting type Question: Which of the following item will have credit...

Q:

Please answer with reason for all why the option is correct and why the other options are incorrect,, Please help with this Accounting type Question: The current ratio is ratio between: A . Current...

Q:

Please answer with reason for all why the option is correct and why the other options are incorrect,, Please help with this Accounting type Question: The current ratio is ratio between: A . Current...

Q:

Please answer with reason for all why the option is correct and why the other options are incorrect,, can you help with this Accounting type Question: Which of the following item will have credit...

Q:

Please answer with reason for all why the option is correct and why the other options are incorrect,, Please help with this Accounting type Question: Realisation concept would apply when: A . Money...

Q:

Please answer with reason for all why the option is correct and why the other options are incorrect,, Please help with this Accounting type Question: The current ratio is ratio between: A . Current...

Q:

Please answer with reason for all why the option is correct and why the other options are incorrect,, Please help with this Accounting type Question: Realisation concept would apply when: A . Money...

Q:

Please answer with reason for all why the option is correct and why the other options are incorrect,, Please help with this Accounting type Question: The current ratio is ratio between: A . Current...

Q:

Please answer with reason for all why the option is correct and why the other options are incorrect,, Please help with this Accounting type Question: Realisation concept would apply when: A . Money...

Q:

Please answer with reason for all why the option is correct and why the other options are incorrect,, Accounting: type question:, Capital, at the beginning of the accounting year, is ascertained by...

Q:

Starting with 1-butanol, show the reagents you would use to prepare each of the following compounds. (a) H. (b) HO, OH (c) (d)

Q:

Explain how the following would impact DNA replication in prokaryotes and eukaryotes. 6.1 The absence of UTP. 6.2 Mutation in the origin of replication sequence.

Q:

Operating cash flows include which of the following? Multiple Choice Cash recelved from the sale of a used company truck Cash recelved from the issuance of common stock Cashrecelved from a bank loan....

Q:

Q 4. Consider the following algorithm for the problem to find missing numbers in an integer array with duplicates. Array may contain more than one duplicate value. Require: Missing numbers from the...