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    Financial Accounting Study Set 31
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    Exam 2: The Recording Process
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    A Credit to a Liability Account
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A Credit to a Liability Account

Question 83

Question 83

Multiple Choice

A credit to a liability account


A) indicates an increase in the amount owed to creditors.
B) indicates a decrease in the amount owed to creditors.
C) is an error.
D) must be accompanied by a debit to an asset account.

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