Multiple Choice
An accountant has debited an asset account for $1,300 and credited a liability account for $500.Which of the following would be an incorrect way to complete the recording of the transaction?
A) Credit an asset account for $800.
B) Credit another liability account for $800.
C) Credit a Stockholders' account for $800.
D) Debit a Stockholders' account for $800.
Correct Answer:

Verified
Correct Answer:
Verified
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