Which of the Following Statements Is Correct

question 44

Multiple Choice

Which of the following statements is correct?

• A)The right side of a T-account is the debit side.
• B)Entries that decrease asset and expense accounts, or increase liability, equity, and revenue accounts are posted as debits.
• C)The left side of a T-account is the debit side.
• D)The left side of a T-account is the credit side.
• E)Entries that increase asset, expense, and revenue accounts are posted as debits.