Question

Which statement about the rules of debit and credit is true?
A. If accounts receivable is decreased with a credit, the normal balance is a credit.

B. If accounts payable is increased with a credit, the normal balance is a credit.

C. If capital is increased with a debit, the normal balance is a debit.

D. If cash is decreased with a debit, the normal balance is a debit.

Answer 1

Which one would you think? Its my last question for tonight.. lol

Answer 2

I would have to say D

Answer 3

@andy11