estion 11. The left side of any account is always the debit side. The debit side is used to OA. increases in liabilities and owner's equity. B. increases in assets and decreases in liabilities. OC. decreases in assets and increases in liabilities D. decreases in assets and liabilities. OO O Mark for review (Will be highlighted on the review page) Previous Question Next Question >>

College Accounting (Book Only): A Career Approach
12th Edition
ISBN:9781305084087
Author:Cathy J. Scott
Publisher:Cathy J. Scott
Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements
Section: Chapter Questions
Problem 2E: List the classification of each of the following accounts as A (asset), L (liability), OE (owners...
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11. The left side of any account is always the debit side. The debit side is used to record
OA. increases in liabilities and owner's equity.
OB. increases in assets and decreases in liabilities.
OC. decreases in assets and increases in liabilities
OD. decreases in assets and liabilities.
O Mark for review (Will be highlighted on the review page)
Previous Question
Next Question >>
4
Transcribed Image Text:11. The left side of any account is always the debit side. The debit side is used to record OA. increases in liabilities and owner's equity. OB. increases in assets and decreases in liabilities. OC. decreases in assets and increases in liabilities OD. decreases in assets and liabilities. O Mark for review (Will be highlighted on the review page) Previous Question Next Question >> 4
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