Which of the following are debits?
A) contributions of capital
B) increases in revenues
C) increases in liabilities
D) decreases in owners' equity.

Name: Which of the following are debits? A) contributions of capital B) increases in revenues C) increases in liabilities D) decreases in owners' equity.
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Question

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Debits are accounting entries that increase asset or expense accounts, or decrease liability, revenue, or equity accounts. Decreases in owners' equity are recorded as debits.

Which of the Following Are Debits