In the T-account above:
A)(a)and (b)are credits.
B)(c)through (g)are debits.
C)if the sum of (a)and (b)is less than the sum of (c)through (g),the total cash will increase.
D)(a)and (b)are increases.

Question

Quizplus · Accepted Answer

(a) and (b) are both entries on the credit side of the account, indicating increases in the account balance. The other transactions listed (c) through (g) are all entries on the debit side of the account, indicating decreases in the account balance. Therefore, choice D is the best answer.

In the T-Account Above