Question
I just need an example
• What increases the Asset account, a debit or a credit?
• What decreases the Asset account, a debit or a credit?
• What is the normal balance of the Asset account, a debit or a credit?
Account Changes
Account Categories What increases the account? What decreases the account? What is the normal balance?
Assets
Liabilities
• What increases the Asset account, a debit or a credit?
• What decreases the Asset account, a debit or a credit?
• What is the normal balance of the Asset account, a debit or a credit?
Account Changes
Account Categories What increases the account? What decreases the account? What is the normal balance?
Assets
Liabilities
Answers
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