Communication includes the sending, receiving, and understanding of messages

Which of the following statements is true of revenues?

A) Revenues decrease equity, so a revenue account's normal balance is a credit balance. B) Revenues decrease equity, so a revenue account's normal balance is a debit balance. C) Revenues increase equity, so a revenue account's normal balance is a debit balance. D) Revenues increase equity, so a revenue account's normal balance is a credit balance.

A contract is created only when the offeror receives the offeree's acceptance

Indicate whether the statement is true or false