Which of the following are credits?
A) increases in expenses
B) decreases in liabilities
C) increases in assets
D) increases in owners' equity.

Name: Which of the following are credits? A) increases in expenses B) decreases in liabilities C) increases in assets D) increases in owners' equity.
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Question

Quizplus · Accepted Answer

Credits increase owners' equity, as well as liabilities and revenues, while debits increase assets and expenses.

Which of the Following Are Credits