A debit always means a decrease and a credit means increase.

Question

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This statement is a common misconception about debits and credits in accounting. In double-entry accounting, a debit simply means an entry on the left side of an account, while a credit means an entry on the right side of an account. Whether this represents an increase or decrease depends on the account being debited or credited. For example, debiting a cash account would increase the balance, while debiting an accounts payable account would decrease the balance. Similarly, crediting a revenue account would increase the balance, while crediting an expense account would decrease the balance.

A Debit Always Means a Decrease and a Credit Means