[Solved] Which of the Following Statements Is Correct? 57)

Question 57
Multiple Choice

Which of the following statements is correct? 57)

A)The right side of a T-account is the debit side.
B)Entries that decrease asset and expense accounts, or increase liability, equity, and revenue accounts are posted as debits.
C)The left side of a T-account is the debit side.
D)The left side of a T-account is the credit side.
E)Entries that increase asset, expense, and revenue accounts are posted as debits.

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