Debit and credit can be interpreted to mean increase and decrease, respectively.

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Quizplus · Accepted Answer

In accounting, debit and credit do not inherently mean increase or decrease. Their effect depends on the type of account. For example, a debit increases asset and expense accounts but decreases liability, equity, and revenue accounts. Conversely, a credit decreases asset and expense accounts but increases liability, equity, and revenue accounts.

Debit and Credit Can Be Interpreted to Mean Increase and Decrease