ilmitakeAssignmenttake c engage CengageNOWv2 Online te See

ilmitakeAssignment/take c engage CengageNOWv2 | Online te See What\'s Hot WildTangent Games...\" Celculator The debit side of an account Oa. can be either side of the account depending on how the accountant set up the system Ob. is the right side of the account Oc. depends on whether the account is an asset, liability, or owner\'s equity Od. is the left side of the account

Solution

The correct alternative is D. i.e. The debit side of an account is the left side of the account. Other three alternative does not hold true as it is neither depends on how the accountant set up the system not depends on whether account is an asset or liability or an owner\'s equity It can not be the right side of the account as it is left side of account The main reason for the debit side of an account on the left side of the account is the generally followed accounting principles & practice across globe. So the answer is, the debit side of an account, is the left side of the account.