Question

intrest paid which balance debit are credit ?​

Answer 1

Answer:

Interest expense is a debit. This is because expenses are always debited in accounting. Debits increase the balance of the interest expense account. Credits usually belong to the interest payable account.

Answer 2

Answer:

Interest expense is a debit. This is because expenses are always debited in accounting. Debits increase the balanceof the interest expense account. Creditsusually belong to the interest payableaccount.

Explanation:

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