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  3. Study Set
    Financial Accounting Study Set 26
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    Exam 2: Recording Business Transactions
  5. Question
    The Normal Balance of the Common Shares Account Is a Because
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The Normal Balance of the Common Shares Account Is a Because

Question 28

Question 28

Multiple Choice

The normal balance of the Common Shares account is a because it increases .


A) credit; liabilities
B) credit; shareholders' equity
C) debit; expenses
D) debit; assets

Correct Answer:

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