a credit to a liability account decrease the account
a debit to one asset account and a credit to another asset accou
assets are increased as debits
capital is increased on the debit side
credit is an increase to a liability account
debit means the increase side of an account
for every debit there is an equal credit
liabilities are decreased on the credit side
the basic accounting equation is a + l = oe
the left side of a t account is always the credit
the normal balance side for an asset account is the debit side
the right side of the t account is always the debit side