asked 70.7k views
1 vote
Paid electricity bill for 100. wht is credit wht is debit. ​

2 Answers

1 vote

Answer:

what you owe

Explanation:

answered
User Jacobhobson
by
7.9k points
4 votes
A debit increases asset or expense accounts, and decreases liability, revenue or equity accounts. A credit is always positioned on the right side of an entry. It increases liability, revenue or equity accounts and decreases asset or expense accounts.
answered
User Jovian
by
7.9k points

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