A debit to an asset account is a decrease in the asset account is it true or false
Answers
Answered by
19
Explanation:
A debit is an entry made on the left side of an account. It either increases an asset or expense account or decreases equity, liability, or revenue accounts. ... A credit is an entry made on the right side of an account.
Answered by
2
Debit vs.
A debit is an entry made on the left side of an account. It either increases an asset or expense account or decreases equity, liability, or revenue accounts. ... A credit is an entry made on the right side of an account.
Hope you like it❣️
Similar questions