Question: Which of the following are true about debits? Debits decrease the balance of asset accounts. Debits decrease the balance of liability accounts. Debits increase the

Which of the following aretrueabout debits?
Debits decrease the balance of asset accounts.
Debits decrease the balance of liability accounts.
Debits increase the balance of asset accounts.
B and C
2.50
1.00
1.35

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