12. A debit may signity ain): a. Increase in asset accounts C b. Increase in liability accounts C c Increase in the capital account d. Decrease in expense accounts 2357 13. A credit may signify a(nl: a Increase in assets b. Increase in liabilities cDecrease in capital d. Decrease in revenue 14. A manufacturing business is: . An organization that changes basic inputs into products that are sold to individual b. Sells a finished product that was purchased in that same form c. Provides services raher than products to customers d. The dfference between the amounts received from customers for goods or services provided and the amounts paid for the inpurs used to provide the goods or services 15. A merchandiser is a. An organization that purchases a finished good and then resells it to customers b.An organization that changes basic inputs into products that are then sold to individual customers. c. An organization that provides a service to oustomers d. The difference between the amounts received from customers for goods or services provided and the amounts paid for the inpurs used to provide the goods or services. 16. Accounting is defined as: a The detailing of right and wrong in a situation