TRUE OR FALSE
_____1. Debit means the right side of the accounting equation.
_____2. The normal balance of an account is the side of the equation where the account increases.
_____3. All recordable transaction always affects 3 accounts.
_____4. When journalizing a transaction, the amount in the debit entries may or may not be equal to the amount in the credit entries.
_____5. A simple journal entry for a transaction that affects only 2 accounts.