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    Exam 3: Analyzing Business Transactions Using T Accounts
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    Debits Are Used to Record Increases in
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Debits Are Used to Record Increases in

Question 68

Question 68

Multiple Choice

Debits are used to record increases in


A) assets and revenue.
B) revenue and owner's equity.
C) assets and expenses.
D) assets and liabilities.

Correct Answer:

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