Accountancy, asked by SirRex25, 7 months ago

is supplies used a debit?

Answers

Answered by Vismaya123
5

Answer:

Here is your answer

Explanation:

Supplies is an asset account. Asset accounts normally have debit balances and a debit will increase asset balances. You should CREDIT an asset to reduce an asset's balance. Since Supplies is an asset account, it will be reduced by a credit.

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