Which of the following accounts are debited to record increases?
A) assets and liabilities
B) drawing and liabilities
C) expenses and liabilities
D) assets and expenses

Name: Which of the following accounts are debited to record increases? A) assets and liabilities B) drawing and liabilities C) expenses and liabilities D) assets and expenses
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Question

Quizplus · Accepted Answer

Assets and expenses are debited to record increases according to the rules of double-entry accounting.

Which of the Following Accounts Are Debited to Record Increases