Which of the following should Frodo choose as the  correct answer to the question: The downward slope of the demand curve again illustrates the pattern that as _____________ rises, ______________ decreases.  

If the total of the figures on the debit side of a T-account is greater than the total on the credit side, the balance is recorded on the debit side.

Made partial payment of $1,000 of the amount owed for supplies. Which of the following accounts would be debited to record this transaction?

Collected $300 from customers on account. Which of the following accounts would be credited to record this transaction?

Maria Lopez started a pet sitting business on September 1 by investing $10,000 cash in the business. Which of the following accounts would be debited to record this transaction?

Debits are used to record

Purchased equipment for $1,000 cash. Which of the following accounts would be credited to record this transaction?

Paid the monthly telephone bill, $60. Which of the following accounts would be debited to record this transaction?

Revenue (income)

An entry on the right side of an account is a