Question: identify the statement below that is correct 1 ) the left side of a T account is the credit side 2 ) debits decrease asset

identify the statement below that is correct 1) the left side of a T account is the credit side 2)debits decrease asset and expense accounts,and increase liability,equity,and revenue accounts 3)the left side of a T account is the debit side 4)credit increases asset and expense accounts, and decrease liability,equity and revenue accounts 5) the total amount debited need not equal the total amount credited for a particular transaction

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