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Is assets debit or credit

Sagot :

castilloaleysha77

Answer:

Debit

Step-by-step explanation:

Assets and expenses have natural debit balances. This means positive values for assets and expenses are debited and negative balances are credited. For example, upon the receipt of $1,000 cash, a journal entry would include a debit of $1,000 to the cash account in the balance sheet, because cash is increasing.

KLawrence0508

Answer:

debit

Step-by-step explanation:

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