Multiple Select Question

Select all that apply

Which of the following statements is $($are$)$ correct regarding the effect of debiting or crediting accounts? $($Check all that apply.$)$

To increase the Owner, Capital account you would debit it$.$

To increase thefywithdrawals account, you would debit it$.$

To increase an expense account, you would debit it$.$

To reduce Accounts payable, you would debit it

To reduce Cash, you would credit it$.$

To increase a revenue account, you would debit it$.$

To decrease an asset, you would credit it$.$