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A debit may signify: an increase in a liability or an increase in a contra asset account a decrease in a liability account or
A debit may signify: an increase in a liability or an increase in a contra asset account a decrease in a liability account or an increase in a contra asset account an increase in an expense account or a decrease in a liability account an increase in an asset account or an increase in a contra asset account
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
4th edition
978-0073369709, 73369705, 78025370, 978-0077444846, 77444841, 978-0078025372
