Crediting an expense account decreases it.

A、increases asset and expense accounts, and decreases liability, owner's capital, and revenue accounts

B、is always a decrease in an account

C、decreases asset and expense accounts, and increases liability, owner's capital, and revenue accounts

D、is recorded on the left side of a T-account

E、is always an increase in an account

A、expense

B、expensive

C、expensively

ABC Inc. Trial Balance December 31 Debit Credit Cash $ 15 Accounts Receivable 25 Equipment 190 Accounts Payable $ 20 Capital Stock 105 Retained Earnings 55 Dividends 10 Service Revenue 185 Salaries Expense 85 Depreciation 25 Supplies Expense 15 ____ $365 $365 What is the balance in income summary before it is closed to retained earnings? ()

A、60

B、50

C、55

D、125

ABC Inc. Trial Balance December 31 Debit Credit Cash $ 15 Accounts Receivable 25 Equipment 190 Accounts Payable $ 20 Capital Stock 105 Retained Earnings 55 Dividends 10 Service Revenue 185 Salaries Expense 85 Depreciation 25 Supplies Expense 15 $365 $365 What is the total debits on the after-closing trial balance? ()

A、240

B、365

C、230

D、180

ABC Inc. Trial Balance December 31 Debit Credit Cash $ 15 Accounts Receivable 25 Equipment 190 Accounts Payable $ 20 Capital Stock 105 Retained Earnings 55 Dividends 10 Service Revenue 185 Salaries Expense 85 Depreciation 25 Supplies Expense 15 $365 $365 What is the balance in retained earnings at December 31? ()

A、115

B、105

C、55

D、60

ABC Inc. Trial Balance December 31 Debit Credit Cash $ 15 Accounts Receivable 25 Equipment 190 Accounts Payable $ 20 Capital Stock 105 Retained Earnings 55 Dividends 10 Service Revenue 185 Salaries Expense 85 Depreciation 25 Supplies Expense 15 $365 $365 Which accounts will appear on the balance sheet? ()

A、retained earnings of $55.

B、dividends of $10.

C、net income of $65.

D、none of the above.

ABC Inc. Trial Balance December 31 Debit Credit Cash $ 15 Accounts Receivable 25 Equipment 190 Accounts Payable $ 20 Capital Stock 105 Retained Earnings 55 Dividends 10 Service Revenue 185 Salaries Expense 85 Depreciation 25 Supplies Expense 15 $365 $365 Which accounts are closed to income summary? ()

A、All accounts.

B、Revenue and expenses.

C、Revenue, expenses, and dividends.

D、All accounts that are not nominal.

此题为判断题(对，错)。