Which of the following statements about an account

is true?

(a) The right side of an account is the debit, or increase,

side.

(b) An account is an individual accounting record of

increases and decreases in specific asset, liability,

and stockholders’ equity items.

(c) There are separate accounts for specific assets

and liabilities but only one account for stockholders’

equity items.

(d) The left side of an account is the credit, or decrease,

side.