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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 2: Investing and Financing Decisions and the Accounting System
  5. Question
    Liability and Stockholders' Equity Accounts Normally Have Credit Balances and Are
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Liability and Stockholders' Equity Accounts Normally Have Credit Balances and Are

Question 115

Question 115

True/False

Liability and stockholders' equity accounts normally have credit balances and are decreased by debiting the accounts.

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