Assertion: debit | /r/CapableOf | increase the balance
Facets:
value: like liability accounts
type: OTHER
Source sentences:
text: A debit increases the balance and a credit decreases the balance.
text: A debit increases the balance and a credit decreases the balance.
text: A debit increases the balance and a credit decreases the balance.
text: The final component of the balance sheet -- the shareholder's equity section -- contains some accounts that behave like the asset accounts, where debits increase the balance and other accounts that behave like liability accounts.