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    Financial Accounting Study Set 26
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    Exam 2: Recording Business Transactions
  5. Question
    A Credit Increases the Balance of Which Types of Accounts
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A Credit Increases the Balance of Which Types of Accounts

Question 2

Question 2

Multiple Choice

A credit increases the balance of which types of accounts?


A) revenue and assets
B) liabilities and expenses
C) shareholders' equity and liabilities
D) liabilities and assets

Correct Answer:

verifed

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