The food-oriented retailer with the highest percent of fill-in sales is the _____

Which of the following statements is correct?

a. The left side of a T-account is the credit side. b. Debits decrease asset and expense accounts, and increase liability, equity, and revenue accounts. c. The left side of a T-account is the debit side. d. Credits increase asset and expense accounts, and decrease liability, equity, and revenue accounts. e. In certain circumstances the total amount debited need not equal the total amount credited for a particular transaction

Maynard earns $70,000 a year. Under his disability income policy, the maximum amount of monthly benefit he will receive is $7,000 a month. Under the relation of earnings to insurance provision, his disability income benefit will be

A) reduced, and all premiums paid to date will be considered earned premiums B) paid in full C) reduced, and he will be refunded for any premiums he paid for excess coverage D) prorated, and he will receive $7,000 a month for a limited time period