Explain precisely what is meant by each of the phrases listed below. Whenever appropriate, indicate whether the left or right side of an account is affected and whether an increase or decrease is indicated, a A debit of $200 to the Cash account L s T c ^ ‘ ' b c d e f g Credit balance Credit side of an account A debit of $600 to Accounts Payable Debit balance A credit of $50 to Accounts Receivable A debit to the Land account l. s c s LO5