On the side of an account where the increases are recorded.Select one:a.Prepaid Expensesb.Closing entriesc.None from the given choicesd.Accrued Income
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Solution 1
The answer is d. Accrued Income. This is because accrued income increases on the debit side of an account. It represents the income earned during a particular accounting period but not received until the end of that period. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to h
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