question 3\nindicate whether the left or right side of the account is affected and whether the account…

question 3\nindicate whether the left or right side of the account is affected and whether the account balance is increased or decreased.\na debit of $3,000 to b. barns, capital\na right\nb increase\nc left\nd decrease

question 3\nindicate whether the left or right side of the account is affected and whether the account balance is increased or decreased.\na debit of $3,000 to b. barns, capital\na right\nb increase\nc left\nd decrease

Answer

Brief Explanations:

Capital accounts typically have a credit balance. A debit entry to a capital account would decrease the balance as debits are on the left side for accounts with normal credit balances.

Answer:

c. Left, Decrease