which of the following account increases with a credit? a. prepaid expense b. accounts receivable c. common…

which of the following account increases with a credit? a. prepaid expense b. accounts receivable c. common stock d. dividends

which of the following account increases with a credit? a. prepaid expense b. accounts receivable c. common stock d. dividends

Answer

Answer:

C. Common Stock

Brief Explanation:

In accounting, assets like Prepaid Expense and Accounts Receivable increase with a debit. Dividends are an equity - contra account and increase with a debit. Common Stock, an equity account, increases with a credit.