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    Cornerstones of Financial Accounting Study Set 3
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    Exam 2: The Accounting Information System
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    What Type of Account Is Increased with a Debit but Represents
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What Type of Account Is Increased with a Debit but Represents

Question 50

Question 50

Multiple Choice

What type of account is increased with a debit but represents a decrease in retained earnings?


A) liability
B) asset
C) revenue
D) dividends

Correct Answer:

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