The right side of a T account is also known as the:
A)debit side.
B)credit side.
C)asset side.
D)liability side.

Name: The right side of a T account is also known as the: A)debit side. B)credit side. C)asset side. D)liability side.
Brand: Quizplus
Rating: 4.9 (30 reviews)

Question

Quizplus · Accepted Answer

The right side of a T account is known as the credit side. This is where credits are recorded, representing increases in liabilities, equity, and revenue, and decreases in assets and expenses.

The Right Side of a T Account Is Also Known