Which of the following groups of accounts increase with a credit?


Which of the following groups of accounts increases with a credit? a. capital, revenues, expenses Ob. assets, capital, revenu

Answer

Assets, expenses and losses increases with debit and liabilities, capital, revenue and gain increases with credit. Capital and revenue are credited for increases and expenses are debited for increase and thus all the account does not increase with a credit. Assets are debited for increase and capital and revenues are credited for increase and thus all the account does not increase with a credit, Liabilities, capital and revenue all the three accounts are credited for increase in balance and thus all the accounts in the group increases with credit.

Thus, correct answer is option (c).

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