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    Financial Accounting Study Set 9
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    Exam 2: Recording Business Transactions
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    Which of the Following Statements Regarding Accounts Is True
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Which of the Following Statements Regarding Accounts Is True

Question 25

Question 25

Multiple Choice

Which of the following statements regarding accounts is true?


A) Assets are decreased by debits.
B) Expenses are decreased by debits.
C) Revenues are increased by debits.
D) Liabilities are decreased by debits.

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