Why are revenues increased by credits and expenses increased by debits?

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An Introduction To Accounting And Managerial Finance A Merger Of Equals

ISBN: 9789814273824

1st Edition

Authors: Harold JR Bierman

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Question Posted: Dec 11, 2023 01:02 PM

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Why are revenues increased by credits and expenses increased by debits?

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In accounting the terms debit and credit do not necessarily correspond to an increase or decrease in ...View the full answer

An Introduction To Accounting And Managerial Finance A Merger Of Equals

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