ACCOUNTING DISCUSSION POST
I. What are debits and credits? How are they used in Accounting?
II. What side of the transaction are credits? For the following types of accounts, please discuss if credits increase or decrease them:
a. Assets
b. Liabilities
c. Stockholders' equity
d. Revenue
e. Expenses
III. Describe the recording process.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.