The correct term for an entry made to the left side of an account is
A)double-entry system.
B)debit.
C)credit.
D)journalizing.

Name: The correct term for an entry made to the left side of an account is A)double-entry system. B)debit. C)credit. D)journalizing.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Debit refers to an entry made on the left side of an account in accounting, indicating an increase in assets or expenses or a decrease in liabilities, equity, or income.

The Correct Term for an Entry Made to the Left