Asked by
patty delarosa
on Dec 16, 2024
Verified
A credit may signify a
A) decrease in assets
B) decrease in liabilities
C) decrease in capital
D) decrease in revenue
Decrease In Assets
A reduction in the value or amount of the assets owned by a company or individual.
- Gain an understanding of how debit and credit affect account balances.
- Understand the typical balance (either debit or credit) associated with assorted account types.
Verified Answer
IG
Learning Objectives
- Gain an understanding of how debit and credit affect account balances.
- Understand the typical balance (either debit or credit) associated with assorted account types.