Accountancy, asked by kamalbahadurkharka, 6 months ago

In expenses is credited

Answers

Answered by kuldeeppattanayak12
1

Explanation:

Expenses and Losses are Usually Debited

(We credit expenses only to reduce them, adjust them, or to close the expense accounts.) Examples of expense accounts include Salaries Expense, Wages Expense, Rent Expense, Supplies Expense, and Interest Expense.

Answered by Anonymous
1

Expenses and Losses are Usually Debited

(We credit expenses only to reduce them, adjust them, or to close the expense accounts.) Examples of expense accounts include Salaries Expense, Wages Expense, Rent Expense, Supplies Expense, and Interest Expense.

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