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Discuss a credit increases the account and debit decreases

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Having a hard time just identifying my debits and credits. So in an asset account a debit is a positive. I bet and credit is a negative number. How about in a liability account? A credit increases the account and debit decreases. Will a debit be a negative number or positive number? I see in excel a number in a liability account has parentheses, is that a debit or credit?

Reference no: EM131795594

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