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    Intermediate Accounting Study Set 9
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    Exam 3: The Accounting Information System
  5. Question
    All Liability Accounts and Stockholders' Equity Accounts Are Increased on the Credit
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All Liability Accounts and Stockholders' Equity Accounts Are Increased on the Credit

Question 68

Question 68

True/False

All liability accounts and stockholders' equity accounts are increased on the credit side and decreased on the debit side.

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