Asked by
Kwanruan Srisamer
on Oct 16, 2024
Verified
The right side of an account is called the debit side.
Debit Side
The left side of an account in double-entry bookkeeping that records increases in assets, expenses, and decreases in liabilities, equity, and income.
- Familiarize oneself with the concept of debits and credits and their impact on the financial positioning within accounts.
Verified Answer
JP
Learning Objectives
- Familiarize oneself with the concept of debits and credits and their impact on the financial positioning within accounts.