Question: A debit: Question 1 options: Always increases an account. Is the right-hand side of a T-account. Always decreases an account. Is the left-hand side of
A debit: Question 1 options: Always increases an account. Is the right-hand side of a T-account. Always decreases an account. Is the left-hand side of a T-account. Question 2 (5 points) A debit is used to record an increase in all of the following accounts except: Question 2 options: Supplies Cash Accounts Payable Owner's Withdrawals Question 3 (5 points) Which of the following is NOT an asset account: Question 3 options: Cash Land Services Revenue Buildings Question 4 (5 points) Identify the account below that is classified as a liability account: Question 4 options: Cash Accounts Payable Salaries Expense J. Jackson, Capital Question 5 (5 points)
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