Multiple Choice
Which of the statements of the rules of debit and credit is TRUE?
A) Decrease Accounts Receivable with a credit and the normal balance is a credit.
B) Increase Accounts Payable with a credit and the normal balance is a credit.
C) Increase Capital with a debit and the normal balance is a debit.
D) Decrease Cash with a debit and the normal balance is a debit.
Correct Answer:
Verified
Correct Answer:
Verified
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