Purchase Solution

Debit - definition

Not what you're looking for?

Ask Custom Question

A debit always decreases an account balance
A. True
B. False

Purchase this Solution

Solution Preview

Hi there,
<br>
<br>YOur answer is B. It depends on what the account is. For example, if your business sold some machinery for some cash, your ...

Purchase this Solution


Free BrainMass Quizzes
Lean your Process

This quiz will help you understand the basic concepts of Lean.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Introduction to Finance

This quiz test introductory finance topics.

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.