Debit always means
A) right side of an account.
B) increase.
C) decrease.
D) None of these answers are correct.

Question

Quizplus · Accepted Answer

Debit does not universally mean right side, increase, or decrease. Its effect depends on the type of account. For assets and expenses, a debit usually means an increase, while for liabilities, equity, and revenue, it typically means a decrease. The right side of an account is traditionally associated with credits, not debits.

Debit Always Means