Which of the following statements is incorrect? New accounts can be added to the chart of accounts. A chart of accounts is a listing of the accounts used by a business. Stockholders' Equity is an account that is included in the chart of accounts. Account titles for the chart of accounts are used in general journal entries. Which of the following statements is true? Credits decrease assets and increase liabilities. Debits increase liabilities and decrease assets. Debits increase assets and increase liabilities. Credits decrease assets and decrease liabilities