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    Fundamental Accounting Principles Study Set 7
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    Exam 2: Analyzing and Recording Transactions
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    What Types of Account Balances Are Increased by Credits? 105)
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What Types of Account Balances Are Increased by Credits? 105)

Question 19

Question 19

Multiple Choice

What types of account balances are increased by credits? 105)


A) Liabilities and revenues.
B) Owners' equity and expenses.
C) Liabilities and expenses.
D) Revenues and expenses.
E) Assets and Liabilities.

Correct Answer:

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