Why do accountants debit asset accounts to increase them? DQ
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Why do accountants debit asset accounts to increase them but credit liability accounts to increase them? Why do accountants debit expenses to increase them but credit revenues to increase them?
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Accountants apply the double entry system of book keeping. This will require that for every debit then there must be a credit entry. It is for this reason therefore that accountants will debit asset and expenses accounts to increase…………
APA
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