In a T-account debits appear in what manner?
A)They are on the left under assets but on the right under liabilities and shareholders' equity.
B)They are always listed on the right.
C)They are always listed on the left.
D)They are on the right under assets but on the left under liabilities and shareholders' equity.

Question

Quizplus · Accepted Answer

In a T-account, debits are always listed on the left and credits on the right. This is a fundamental principle of double-entry bookkeeping, where every transaction has an equal and opposite effect on at least two accounts. Therefore, choices A and D are incorrect as they suggest that debits may appear on the right side of the T-account under certain circumstances. Choice B is also incorrect as it suggests that debits are always listed on the right, which is not the case.

In a T-Account Debits Appear in What Manner