Which of the following account balances increases with debits?
A)Accounts payable
B)Cash sales
C)Retained earnings
D)Salary expense

Name: Which of the following account balances increases with debits? A)Accounts payable B)Cash sales C)Retained earnings D)Salary expense
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Question

Quizplus · Accepted Answer

Salary expense increases with debits because it is an expense account, and according to the rules of double-entry accounting, expenses increase with debits and decrease with credits.

Which of the Following Account Balances Increases with Debits