Left-hand entries decreaseA. Asset accountsB. Liability accountsC. Owners’ equity accountsD. Both B and CE. None of the above Solution In a journal entry left side represent debit and right hand side represent credit. Asset accounts have debit balances, so, if left hand entries are passed, then debit balances will increase. Liabilities as well as Owners\' Equity accounts have credit balances, so a left hand entry decreases Liability accounts and Owners\' Equity accounts. Therefore Answer is Option D. i.e., Liability accounts and Owners\' Equity accounts..