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13 April, 14:48

Which of the following statements is correct? A. Unearned Revenue is increased with a debit. B. Rent Expense is increased with a credit. C. Accounts Payable is increased with a credit. D. Prepaid Expenses are decreased with a debit.

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  1. 13 April, 15:58
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    C. Accounts payable is increased with a credit.

    Step-by-step explanation:

    Among the following the correct statement is option C that is Accounts payable is increased with a credit.

    As liability account, Accounts payable is expected to have credit balance. A credit entry, will increase the balance in the accounts payable and a debit entry will decrease the balance.
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