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

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

Quizplus · Accepted Answer

A debit is the left-hand side of a T-account and it always increases an account.

A Debit