Which one of the following statements is completely TRUE?

A. Increases in assets are recorded with credits; increases in liabilities are also recorded with credits.
B. Increases in assets are recorded with debits; increases in liabilities are also recorded with debits.
C. Increases in assets are recorded with debits; increases in owner's equity are recorded with credits.
D. Increases in liabilities are recorded with debits; increases in owner's equity are recorded with credits.