Which of the following groups of accounts increase with a credit?
A) common stock, revenues, expenses
B) assets, common stock, revenues
C) liabilities, common stock, revenues
D) none of these

Question

Quizplus · Accepted Answer

Liabilities, common stock, and revenues increase with a credit. Assets increase with a debit, while expenses also increase with a debit, making the other options incorrect.

Which of the Following Groups of Accounts Increase with a Credit