Identify the statement below that is correct Multiple Choice O Credits increase asset and expense accounts, and decrease liability, equity, and revenue accounts. The total amount debited need not equal the total amount credited for a particular transaction Debits decrease asset and expense accounts, and increase liability, equity, and revenue accounts The left side of a T-account is the debit side. The left side of a T-account is the credit side. A debit Multiple Choice Always increases an account Always decreases on account is the left side of a Taccount Is the right side of account Am creases libity accounts Saved If cash is received from customers in payment for services that have not yet been performed the business would record the cash receipt as Multiple Choice A debit to a prepaid expense account A debit to an unearned revenue account A credit to accounts payable A credit to an uneamed revenue account A credit to a prepaid expense account Identify the accounts that would normally have balances in the credit column of a business's trial balance Multiple Choice Revenues and liabilities Revenues and expenses Assets and revenues O Withdrawals and liabilities Liabilities and expenses