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Which of the following accounts is increased with a debit? a-Accounts Payable b- Owner's Capital c- Withdrawals d- Wages payable

Accounting Financial Accounting
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Question added by Said Shaban , Accountant , Tri State Materials Testing
Date Posted: 2015/07/28
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Michael Lagunday
by Michael Lagunday , Accounts Assistant , Invest Group Overseas LLC

My answer is C. Withdrawals.

 

All of the accounts above are increased by a credit except for withdrawals.

Joseph Bukenya
by Joseph Bukenya , Accountant , Uganda NCD Alliance

Withdrawals in increased with a debit since.

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