Which side of the balance sheet is increased by the fee account?
submitted by katie

Phran

The fee account increases on the credit side of the balance sheet because it's income earned, which boosts equity.

Jeb

The fee account is increased on the credit side since it's an income account, and income accounts normally credit when they go up.

kevin

The fee account goes up on the credit side because it's an income. Incomes are credited.