Which of the following accounts is increased with debits?
A)assets and liabilities
B)liabilities and equity
C)assets and expenses
D)liabilities and expenses

Name: Which of the following accounts is increased with debits? A)assets and liabilities B)liabilities and equity C)assets and expenses D)liabilities and expenses
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Question

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Assets and expenses are both increased with debits. Liabilities and equity are increased with credits, and expenses are decreased with credits.

Which of the Following Accounts Is Increased with Debits