To decrease the balance of a sales account, you would?

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Prepare for the YouScience Accounting 1 Test. Enhance your skills with interactive flashcards, multiple choice questions, and detailed explanations. Get exam-ready efficiently!

Multiple Choice

To decrease the balance of a sales account, you would?

Explanation:
Revenue accounts, like the sales account, normally carry a credit balance. To lower that balance, you record a debit to the Sales account. Debiting offsets the usual credit side and reduces the amount shown as sales. Crediting would increase the revenue, while increasing would also raise it, so neither would achieve a decrease. The action that achieves a decrease is a debit to the Sales account.

Revenue accounts, like the sales account, normally carry a credit balance. To lower that balance, you record a debit to the Sales account. Debiting offsets the usual credit side and reduces the amount shown as sales. Crediting would increase the revenue, while increasing would also raise it, so neither would achieve a decrease. The action that achieves a decrease is a debit to the Sales account.

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