Which accounts are increased by debits?

In the double-entry system, debits must always equal credits.

An account balance is the difference between the debits and credits for an account including any beginning balance.

TRANSLATE THE FOLLOWING SENTENCE INTO CHINESE. "The procedure of having debits on the left and credits on the right is an accounting custom, or rule."

A journal gives a complete record of each transaction in one place, and shows the debits and credits for each transaction.

Translate the following sentence from English into Chinese. When the transaction is recorded in the ledger, the debits and credits are entered in different accounts.

Double-entry accounting is an accounting system: () A: That records each transaction twice. B: That records the effects of transactions and other events in at least two accounts with equal debits and credits. C: In which each transaction affects and is recorded in two or more accounts but that could include two debits and no credits. D: That may only be used if T-accounts are used.

In the end of L/C transaction, ________ debits the buyer’s account and releases the relevant documents so that the buyer can claim the goods from the carrier.

In L/C transactions, the issuing band debits the buyer’s account and releases the relevant documents so that the buyer can claim the goods from the carrier.

A simple account form widely used in accounting as a tool to understand how debits and credits affect an account balance is called a: A: Withdrawals account. B: Capital account. C: Drawing account. D: T-account. E: Balance column sheet.