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27 October, 19:46

Which of the following accounts are debited to record increases? a. expenses and liabilities b. assets and expenses c. assets and liabilities d. drawing and liabilities

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  1. 27 October, 22:26
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    The answer is B. b. assets and expenses

    Explanation:

    Debit increases asset and expenses and credit decreases assets and expenses.

    Credit increases revenue, owner's equity and liability while debit deceases revenue, owner's equity and liability
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