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    Principles of Financial Accounting Study Set 1
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    Exam 2: The Recording Process
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    A Debit to a Liability Account Always Indicates
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A Debit to a Liability Account Always Indicates

Question 155

Question 155

Multiple Choice

A debit to a liability account always indicates


A) a liability has been incurred.
B) an expense has been incurred.
C) the liability has been decreased.
D) a liability has been paid.

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