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    Business
  3. Study Set
    College Accounting Study Set 1
  4. Exam
    Exam 2: Debits and Credits: Analyzing and Recording Business Transactions
  5. Question
    A Debit May Signify A(n)
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A Debit May Signify A(n)

Question 59

Question 59

Multiple Choice

A debit may signify a(n) :


A) increase in asset accounts.
B) increase in liability accounts.
C) increase in the revenue account.
D) decrease in expense accounts.

Correct Answer:

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