You are studying with some classmates and are reviewing each other’s responses to the following question:
“How does the debit and credit system work?”
Your classmate responds as follows:
“Assets normally have a debit balance, so to increase an asset, you debit the account, while to decrease it you’d credit the account. For accounts that normally have a credit balance (liabilities and shareholders’ equity), you’d do the opposite and credit the account to increase it and debit it to decrease it.”

Required
Identify how your classmate’s answer could be substantively improved.