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    Accounting Study Set 4
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    Exam 2: Analyzing Transactions
  5. Question
    A Debit May Signify a (N)
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A Debit May Signify a (N)

Question 49

Question 49

Multiple Choice

A debit may signify a (n)


A) decrease in asset accounts
B) decrease in liability accounts
C) increase in the capital account
D) decrease in the drawing account

Correct Answer:

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