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Liability accounts increase on which side?

ACheque
BCredit
CCabinet
DContract
Answer & Solution
Correct answer: B. Credit
1. Liabilities sit on the right of the equation. 2. They grow on the right of the account too. 3. So they increase on the credit side. _Source: OpenStax Principles of Accounting Volume 1, Chapter 3, Analyzing and Recording Transactions._
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