The idea that accounts can both increase and decrease is called ?

asked Jan 26, 2024 49.3k views

4 votes

by HKIT

8.8k points

Please log in or register to add a comment.

0 votes

Answer:

Explanation:Debits increase asset and expense accounts and decrease liability, equity, and revenue accounts.

Hoetz answered Jan 30, 2024

by Hoetz

8.8k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers