Question: Identify the statement below that is correct:00.37.36Multiple ChoiceCredits increase asset and experse accounts, and decrease liablity, equity, and revenue accountsThe iefi side of a T-account

Identify the statement below that is correct:00.37.36Multiple ChoiceCredits increase asset and experse accounts, and decrease liablity, equity, and revenue accountsThe iefi side of a T-account is the debil skie.Debits decrease asset and expense accounts, and increase lability, equity, and revenue accounts.The ieft side of a T-account is the credit side.The total amount debited need not equal the total amount credited for a particular transaction.

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