Question: Assets and liabilities increase by a . debit and debit respectively. b . credit and credit c . debit and credit d . credit and
Assets and liabilities increase by
a debit and debit respectively.
b credit and credit
c debit and credit
d credit and debit
Assets and owner's equity decrease by
a debit and debit respectively.
b credit and credit
c debit and credit
d credit and debit
Revenue and expenses increase by
a debit and debit respectively.
b credit and credit
c debit and credit
d credit and debit
The normal balances for an asset account is
a debit, debit and for an expense account is
b credit, credit
c debit, credit
d credit, debit
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