Which of the following transaction is debited?

(A) Increase in bank balance

(B) Decrease in creditors

(C) Increase in sales

(D) Decrease in salary

(E) Increase in capital

Choose the correct answer from the options given below.

(A) & (B) only

The correct answer is option 4- (A) & (B) only.

(A) Increase in bank balance- Bank account is an asset account. Any increase in bank balance will be debited as 'increase in asset is debited and decrease in asset is credited'.

(B) Decrease in creditors- Creditors are liability of the business. Any decrease in creditors is debited as 'increase in liability is credited and decrease in liability is debited'.

(C) Increase in sales- Sales are revenue of the business. Any increase in sales is credited as 'increase in revenue is credited and decrease is debited'.

(D) Decrease in salary- Salary is a expense account. Any decrease in salary is credited as 'increase in expense is debited and decrease in expense is credited'.

(E) Increase in capital- Capital is invested by the owner in the business. Any increase in capital is credited as 'increase in capital is credited and decrease is debited'.