An Amount Recorded On The Left Side Or The Right Side Of A T-Account Is A

An Amount Recorded On The Left Side Of A T-Account Is A?

An amount recorded on the left side of a T-Account is a debit side of an Account. Some accounts increase such as Assets and Expenses are increased on debit side and some accounts such as Revenues, Liabilities and Owner’s Equity are decreased on debit side.

An Amount Recorded On The Right Side Of A T-Account Is A?

An amount recorded on the right side of a t-account is a credit side of an account. Revenues, liabilities and owner’s equity increase on credit side, and assets and expenses are decreased on credit side.