An amount recorded on the left side of a T account is a Credit

Each asset account has a normal debit balance.

Each liability account has a normal credit balance.

Each transaction changes the balances in at least two accounts.

When cash is paid for supplies, the supplies account is increased by a debit.

Increases in expense accounts are recorded as debits because they decrease the owner's capital account.

Accounts payable accounts are increased with a debit.

Cash is increased with a credit.

Prepaid Insurance is decreased with a credit.

Increases to liability accounts are recorded on the debit side.

When a business pays cash on account, a liability account is decreased by a debit.

If an amount is recorded on the side of a T account opposite the normal balance side,

When the owner invests cash in a business, the owner's capital account is

The normal balance side of any expense account is the

The amount of money an owner takes from a 'drawing account' is recorded as a debit.