Podcast
Questions and Answers
Debit is used to increase the amount of assets. True or False?
Debit is used to increase the amount of assets. True or False?
True
Owner's Equity is increased by debiting the capital account. True or False?
Owner's Equity is increased by debiting the capital account. True or False?
True
Income is decreased by crediting the income account. True or False?
Income is decreased by crediting the income account. True or False?
False