Which of the Following Statements Regarding Debits and Credits Is

Multiple Choice

Which of the following statements regarding debits and credits is always true?

A) Debits decrease accounts while credits increase them.
B) The total value of all debits recorded in the ledger must equal the total value of all credits recorded in the ledger.
C) The total value of all debits to a particular account must equal the total value of all credits to that account.
D) A debit balance of $500 in the cash account means that cash receipts exceeded cash payments by $500.