3 years ago

Why does the term debit not always mean increase and credit does not always mean increase.

1 answer:

3 0

Sometimes you will use Debit to increase an account (ie: Assets) and sometimes you will use Credits to increase an account (ie: Liabilities)

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Suppose that a firm has a price-earnings ratio which is higher than a value deemed to be normal. Investors tend to infer from th

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Price Earnings Ratio = $\frac{Market\ Price\ Per\ Share}{Earnings\ Per\ Share}$

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