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    Financial Accounting Study Set 2
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    Exam 3: The Accounting Cycle: The Mechanics of Accounting
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    Borrowing Money from a Bank
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Borrowing Money from a Bank

Question 96

Question 96

Multiple Choice

Borrowing money from a bank


A) Increases assets and decreases liabilities
B) Increases liabilities and decreases assets
C) Decreases assets and decreases liabilities
D) Increases assets and increases liabilities

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