Question

what is credit transactions?

Answer 1

When accounting many transactions, we record numbers in two accounts, where the debit column is on the left and the credit column is on the right. ... A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.
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Answer 2

When accounting for these transactions, we record numbers in two accounts, where the debit column is on the left and the credit column is on the right. A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account