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25 in the language of accounting, the term \debit\ always means multipl…

Question

25 in the language of accounting, the term \debit\ always means multiple choice decrease increase left - hand side right - hand side

Explanation:

Brief Explanations

In accounting, debit refers to the left - hand side of an account in the double - entry bookkeeping system. It doesn't always mean an increase or a decrease as it depends on the account type (asset, liability, equity, revenue, expense).

Answer:

C. Left - hand side