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when credited, which of the following will increase? assets expenses li…

Question

when credited, which of the following will increase?
assets

expenses

liabilities

Explanation:

Brief Explanations

In accounting (a sub - field of Business), the normal balance of assets and expenses is a debit. When an account with a debit normal balance is credited, it decreases. Liabilities have a normal credit balance, so when liabilities are credited, their balance increases. Assets increase with debits and decrease with credits, and expenses increase with debits and decrease with credits.

Answer:

C. liabilities