1.In accordance with the debit and credit rules, which of thefollowing is true?

Group of answer choices

Debits increase assets.

Credits increase assets.

Debits increase both assets and common stock.

Credits increase both assets and liabilities.

2.Expenses follow the same debit and credit rules as

Group of answer choices

revenues

assets

none of these

liabilities

3.Which of the following groups of accounts are increased with adebit?

Group of answer choices

assets, liabilities, stockholders’ equity

assets, dividends, expenses

assets, revenues, expenses

assets, liabilities, revenues

4.Which of the following groups of accounts increase with acredit?

Group of answer choices

common stock, revenues, expenses

assets, common stock, revenues

liabilities, common stock, revenues

none of these