QUESTION 13 Identify the statement below that is correct: O The left side of a T-account is the credit side. O Debits decrease asset and expense accounts, and increase liability, equity, and revenue accounts O The left side of a T-account is the debit side. se asset and expense accounts, and decrease liability, equity, and revenue accounts O The total amount debited need not equal the total amount credited for a particular transaction. QUESTION 14 On a trial balance, if the Debit and Credit column totals are equal, then: O All transactions have been recorded correctly O All entries from the journal have been posted to the ledger correctly. O All ledger account balances are correct. Equal debits and credits have been recorded for transactions. O The balance sheet would be correct. QUESTION 15 lick Save and Submit to save and submit. Click Save All Answers to save all answers