Which of the Following Is a True Statement Regarding Debits

Multiple Choice

Which of the following is a true statement regarding debits and credits?

A) If a company earned a profit,debits will not equal credits.
B) For a business,debits are better than credits.
C) A company's books are not in balance if they have a current period loss.
D) Assets and expenses are both increased with a debit.
E) Liabilities and equity are both increased with a debit.