2. If a business bought a calculator on account, which accounts are affected by this transaction: a. Cash in bank and account payable Ob. Office equipment and accounts receivable. Oc. Office equipment and cash in bank. Od. Account payable and office equipment. 3. Which of these is true for owner's equity account: a. They are increased on the credit side. Od. All of the above. c. The normal balance is on the left side. b. They are decreased on the credit side. 4. A form of an account showing only the debit and credit column is called: Accounting equation. b. Account balance. c. T-account. d. None of these. 1. Which of this is true for revenue accounts: d. They are decreased on credit. b. The normal balance is in debit. a. They are increased in debit side. c. They are decreased on debit