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    Financial Accounting IFRS Study Set 1
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    Exam 2: The Recording Process
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    Which of the Following Rules Is Incorrect
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Which of the Following Rules Is Incorrect

Question 174

Question 174

Multiple Choice

Which of the following rules is incorrect?


A) Credits decrease the dividends account.
B) Debits increase the share capital-ordinary account.
C) Credits increase revenue accounts.
D) Debits decrease liability accounts.

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