A debit:
A) Always decreases an account.
B) Is the left-hand side of a T-account.
C) Is not needed to record a transaction.
D) Is the right-hand side of a T-account.
E) Always increases an account.

Question

Quizplus · Accepted Answer

A debit is always recorded on the left-hand side of a T-account, while a credit is recorded on the right-hand side. This is a basic principle of double-entry bookkeeping.

Answer: E 
 A debit always increases certain types of accounts such as assets and expenses, while a credit always increases liabilities, equity and revenue. Therefore, option E is correct as it states that a debit always increases an account.

A Debit