Which one of the following is incorrect?
(Points : 3)
Increase to the sales account is recorded as credit.
Decreases to the sales account are recorded as debits.
The Normal Balance of the sales account is a credit.
A sale is an Expenses account.
Stacey Warren - Expert brainly.com
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Wrong group (not that you'd have improved chances elsewhere).
But first, this is multiple choice. What do you think is the best answer?
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well. what do you think it is? Whatever im thinking is just an opinion, not a accountable fact.
Well, since you're not here, here's my final remark: It's fairly obviously, I think, even to one who has no accounting knowledge.
sales is like a revenue account...
for revenue account,
increase -> credit side
decrease -> debit side
i would say it is accounting, not math :P
lol I have no idea what any of this meant....
ok. lets use common sense here.
My best guess would probably be 2. Other than that I know absolutely nothing about accounting.
What's a debit card for.
wait. that might not work.
i've told you that sales is like a revenue account.
For revenue account, if you have increase, you'll put it on Credit side. If you have decrease, you'll put it on the debit side
LEaving only 1 possible response.
Moreover you can use logic to deduce that the 1st two options are correct
Since the question is asking you which one is incorrect, there is only one wrong answer
if the first option : Increase to the sales account is recorded as credit. is correct, then, the 2nd option ' Decreases to the sales account are recorded as debits' is also correct as it is just like a reverse of the first option
This is me giving Callisto another medal.
Ok. Nice work. If the guy was here, He'd probably understand by know. Umm. Did you get my message? was I right?