Accountancy, asked by 22december2006, 2 months ago

liabilities increase by​

Answers

Answered by cuteangle66
4

Answer:

A credit increases the balance of a liabilities account, and a debit decreases it. In this way, the loan transaction would credit the long-term debt account, increasing it by the exact same amount as the debit increased the cash on hand account.

Answered by daulat1979tiwari
1

Answer:

a diber rather increase a set of decreses is a libiloties

Explanation:

plss brainlist kar do pls

Similar questions