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    Financial Accounting Study Set 29
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    Exam 2: Transaction Analysis
  5. Question
    Debits to Revenue Accounts Ultimately Result in An)
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Debits to Revenue Accounts Ultimately Result in An)

Question 85

Question 85

Multiple Choice

Debits to revenue accounts ultimately result in an) :


A) increase in owners' equity and assets.
B) decrease in owners' equity and assets.
C) increase in liabilities assets.
D) decrease in assets and liabilities.

Correct Answer:

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