A debit to an account balance always results in the balance increasing.

Name: A debit to an account balance always results in the balance increasing.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A debit to an account balance may increase or decrease the balance depending on the type of account. Debiting an asset account increases the balance, while debiting a liability or equity account decreases the balance. Similarly, debiting an expense account increases the balance, while debiting a revenue or dividend account decreases the balance.

A Debit to an Account Balance Always Results in the Balance