Debits And Credits 1. The left side of an account is always: a. the debit side. b. the credit side. c. the balance of that account. d. carried forward to the next accounting period. 2. A credit will increase but decrease a. accounts receivable; accounts payable b. accounts receivable: expenses c. accounts payable; common stock d. common stock; prepaid insurance 3. A credit will reduce but increase a. accounts receivable; accounts payable b. utilities expense; accounts receivable c. accounts payable; common stock d. common stock; prepaid insurance Normal Balances 4. Accounts with normal debit balances include: a. assets and liabilities. b. liabilities and expenses. c. stockholders' equity and revenues. d. expenses and assets. 5. Accounts with normal credit balances include: a. assets and liabilities. b. liabilities and stockholders' equity. C. revenues and assets. d. revenues and expenses