The best interpretation of the word credit is the
A) offset side of an account.
B) increase side of an account.
C) right side of an account.
D) decrease side of an account.
Correct Answer:
Verified
Q48: Which of the following is not true
Q49: An account consists of
A) a title a
Q50: An accountant has debited an asset account
Q51: Credits
A) decrease both assets and liabilities.
B) decrease
Q52: An account will have a credit balance
Q54: An accountant has debited an asset account
Q55: A T-account is
A) a way of depicting
Q56: A debit is not the normal balance
Q57: A credit is not the normal balance
Q58: The right side of an account
A) is
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