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3 votes
Which of the following decreases when credited?

Revenue
Inventory
Wages payable
Loans payable

User Justlike
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1 Answer

4 votes
Revenue decreases with Dr.
Inventory decreases with Cr.
Wages Payable decreases with Dr
Loans Payable decreases with Dr

So only inventory decreases with Cr

Asset has a normal balance of a Dr
Liabilities have a normal balance of a Cr
Revenue has a normal balance of a Cr
User Dominic Cleal
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