What are debits and credits?

What are debits and credits?
February 6, 2020 Comments Off on What are debits and credits? Assignment Assignment help

1. What are debits and credits? How are they used in Accounting?

2. What side of the transaction are credits? For the following types of accounts, please discuss if credits increase or decrease them:

· Assets

· Liabilities

· Stockholders’ equity

· Revenue

· Expenses

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