Question: correct this: Required Complete the following table by indicating whether a debit or credit is used to increase or decrease the balance of accounts belonging

correct this:

correct this: Required Complete the following table by indicating whether a debit

Required Complete the following table by indicating whether a debit or credit is used to increase or decrease the balance of accounts belonging to each category of financial statement elements. The appropriate debit/credit terminology has been identified for the first category (assets) as an example. Used to Decrease This Element Used to Increase This Element Category of Elements Assets Debit Credit Credit Debit Liabilities Credit Debit Common stock Credit Retained earnings Debit Credit E Debit Revenue Expense Debit Credit Debit Dividends Credit

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