Question and answer
A debit may signify a. A. decrease in asset accounts B. decrease in liability accounts C. increase in the capital account D. decrease in the drawing account
A credit may signify a A. decrease in assets.
Get an answer
Original conversation
User: A debit may signify a. A. decrease in asset accounts B. decrease in liability accounts C. increase in the capital account D. decrease in the drawing account

Weegy: A credit may signify a A. decrease in assets.
Expert answered|japs2310qa|Points 84|

User: Which of the following is true about a T-account? A. Left hand side of the T-Account is called a debit B. Left hand side of the T-Accounts is called a credit C. Right hand side of the T-Account is called a debit D. None are true

Question|Rated bad
Asked 9/24/2011 9:55:39 PM
Updated 7/11/2013 7:34:44 AM
1 Answer/Comment
New answers
Rating
0
A debit may signify B. decrease in liability accounts.

The statement that is true about a T-account is A. Left hand side of the T-Account is called a debit .
Added 7/11/2013 7:34:44 AM
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
are most businesses in the United States Separate entities?
Weegy: Nope. please be more specific with your question so we can better help you. (More)
Question
Expert Answered
Asked 9/18/2011 10:38:52 PM
0 Answers/Comments
are most businesses in the united states Sole proprietorships, Partnership, Corporations, or Separate entities
Weegy: Nope. please be more specific with your question so we can better help you. (More)
Question
Expert Answered
Asked 9/18/2011 10:46:24 PM
0 Answers/Comments
The process of initially recording a business transaction is called. A. trial balancing B. posting C. journalizing D. balancing
Weegy: C. journalizing (More)
Question
Expert Answered
Asked 9/24/2011 9:14:38 PM
0 Answers/Comments
A credit signifies a decrease in. A. drawing B. liabilities C. capital D. revenue
Weegy: A credit may signify a A. decrease in assets. (More)
Question
Expert Answered
Asked 9/24/2011 9:22:29 PM
0 Answers/Comments
20,177,230 questions answered
Popular Conversations
After the Spanish-American War, the _______ reserved the right of the ...
Weegy: After the Spanish-American War, the Platt Amendment reserved the right of the United States to intervene in ...
3/29/2015 10:56:48 PM| 3 Answers
MyPlate was created to __________.
3/30/2015 1:01:53 PM| 3 Answers
Discretionary spending is spending which requires governmental ...
Weegy: Discretionary spending is spending which requires governmental approval on an annual basis. TRUE. User: ...
3/29/2015 9:27:10 AM| 2 Answers
What is the equation of the line that has a slope of –2 and a ...
Weegy: The answer is B) architecture and music. User: Some nouns that end in -um are made plural by changing the –um ...
3/29/2015 10:39:54 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 1270 [Total 9156]| Ratings 0| Comments 1270| Invitations 0|Offline
S
1
L
Points 622 [Total 1533]| Ratings 6| Comments 562| Invitations 0|Offline
S
P
C
L
P
L
1
P
Points 534 [Total 7841]| Ratings 8| Comments 454| Invitations 0|Offline
S
L
Points 521 [Total 1026]| Ratings 10| Comments 411| Invitations 1|Offline
S
1
L
L
Points 486 [Total 7987]| Ratings 0| Comments 486| Invitations 0|Offline
S
L
Points 378 [Total 1500]| Ratings 2| Comments 358| Invitations 0|Offline
S
Points 199 [Total 567]| Ratings 3| Comments 169| Invitations 0|Offline
S
Points 164 [Total 164]| Ratings 1| Comments 154| Invitations 0|Online
S
Points 42 [Total 158]| Ratings 4| Comments 2| Invitations 0|Offline
S
Points 35 [Total 126]| Ratings 0| Comments 35| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.