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PtichkaEL [24]
3 years ago
10

Which of the accounts are decreased on the debit side and increased on the credit side?

Business
1 answer:
Allushta [10]3 years ago
7 0

Answer: D. Liabilities, stockholders' equity, and revenues.

Explanation: In case of liabilities and equity increase by credit because they are the funds with which the company has to finance the assets according to the balance sheet. Example: Accounts payable suppliers, share capital of shareholders.

Revenues correspond to the income statement and also increase in credit. Example: Revenue from sales, income from commissions.

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