Question

Accounting question:
Can someone explain why this is false?
T/F: If the debit portion of an adjusting entry is to an asset account, then the credit portion must be to a liability account.

Answer 1

Im not too god at accounting, maybe you could try and rephrase this ;-;

Answer 2

thats just the same question on a quizlet with the answer false

Answer 3

well basically tho its saying that the statements are prepared from unadjusted trial balances., and the market value of a a fixed asset is relfected in the balance sheet after the adjustment is made

Answer 4

the other statements in that screenshot are entirely different questions unrelated to the one im asking haha

Answer 5

the ones i explained or like thw quizlet ones-

Answer 6

those are false statements pulled from a quizlet. they are unrelated to the question

Answer 7

oh. sorry ;-;

Answer 8

If the debit portion of an adjusting entry is to an asset account, then the credit portion must be to a liability account.

try see anything opposite between the first part and the second part