The Debit Side of an Account

question 4

Multiple Choice

The debit side of an account

• A) depends on whether the account is an asset, liability, or owner's equity
• B) can be either side of the account depending on how the accountant set up the system
• C) is the right side of the account
• D) is the left side of the account

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Definitions:

Vertical Direction

An orientation that is perpendicular to the horizon, pointing up or down from the observer's perspective.

Horizontal Direction

Pertains to anything oriented or moving left to right or parallel to the horizon, opposite of vertical.

Metamorphic Minerals

Minerals that have been chemically altered by heat and pressure conditions, characteristic of metamorphic rocks.

Geologic Structures

The features produced by deformation of the Earth's crust, including faults, folds, and rock layers, that reveal the history of the Earth's surface.