MC5 What does a debit balance in a trial balance indicate?
A. An increase in assets or a decrease in liabilities
B. A decrease in assets or an increase in liabilities
C. An increase in revenue or a decrease in expenses
D. A decrease in revenue or an increase in expenses
Answer:A
MC5 What does a debit balance in a trial balance indicate?
A. An increase in assets or a decrease in liabilities B. A decrease in assets or an increase in liabilities C. An increase in revenue or a decrease in expenses D. A decrease in revenue or an increase in expenses