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

Question

Quizplus · Accepted Answer

Debit does not universally mean the right side of an account, an increase, or a 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 generally credited, not debited.

Debit Always Means