In the T-Account Above: I)(a)and (B)are Credits While (C)through (G)are

question 66

Multiple Choice

In the T-account above: i) (a) and (b) are credits while (c) through (g) are debits.
Ii) (a) and (b) are increases while (c) through (g) are decreases.
Iii) (a) and (b) are debits while (c) through (g) are credits.
Iv) (a) and (b) are decreases while (c) through (g) are increases.
Which of the following pair is true?

• A)i and ii
• B)ii and iii
• C)i and iv
• D)iii and iv

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