Accountancy, asked by ahmedrazakhan0001, 3 months ago

when we credit an expense..explain with example​

Answers

Answered by prithy06
1

Answer:

for an expense account, you debit to increase it, and credit to decrease it. for an asset account, you debit to increase it and credit to decrease it. for a liability account you credit to increase it and debit to decrease it.

Explanation:

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