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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 an Expense Account
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A Debit to an Expense Account

Question 25

Question 25

Multiple Choice

A debit to an expense account


A) decreases the owner's equity.
B) increases owner's equity.
C) directly affects the drawings account.
D) has no effect on the balance sheet.

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