Assertion: debit | /r/CapableOf | increase asset
Facets:
value: like its cash
type: OTHER
Source sentences:
text: a debit increases an asset that your business owns, like its cash
text: Debits increase Assets, Cost of Goods Sold and Expenses and decrease Liabilities, Equity and Income.
text: A contra asset's debit is the opposite of a normal account's debit, which increases the asset.
text: a debit increases an asset that your business owns, like its cash
text: For example, adding debits increases line items such as assets, expenses and losses.