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    Financial Accounting Study Set 6
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    Exam 2: Transaction Analysis
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    Which Statement Is NOT True
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Which Statement Is NOT True

Question 68

Question 68

Multiple Choice

Which statement is NOT true?


A) A credit increases a liability account.
B) A debit increases an asset account
C) Revenues are increased by a debit.
D) Expenses are increased by a debit.

Correct Answer:

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