Answered: A debit side entry must have a…

A debit side entry must have a corresponding credit side entry. The normal balance of an account refers to the side of the account – debit or credit - where decreases are recorded.

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter3: Setting Up A New Company

Section: Chapter Questions

Problem 6Q

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Question

identify if the statements are true or false ASAP

A debit side entry must have a corresponding credit side entry.
The normal balance of an account refers to the side of the account – debit or credit - where
decreases are recorded.

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