Which of the Following Accounts Is Decreased by a Debit

question 102

Multiple Choice

Which of the following accounts is decreased by a debit entry?

• A)unearned revenue
• B)prepaid insurance
• C)cash
• D)insurance expense

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Definitions:

Machining Department

A specific section within a manufacturing facility where machining processes such as cutting, shaping, and drilling materials take place.

Finishing Department

The last stage in the manufacturing process where products are completed, inspected, and prepared for sale or distribution.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to individual units of production, based on a chosen activity base.

Direct Labor-Hours

The total hours worked by employees who are directly involved in the production process, used as a basis for assigning labor costs to products.