Which of the following accounts decrease when they are debited?
A) Assets and Drawing
B) Drawing and Capital
C) Expenses and Assets
D) Capital and Liabilities
E) Liabilities and Expenses

Question

Quizplus · Accepted Answer

Capital and Liabilities decrease when they are debited because the normal balance for both account types is a credit. Debiting these accounts reduces their balances.

Which of the Following Accounts Decrease When They Are Debited