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  3. Study Set
    Financial Accounting Study Set 7
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    Exam 2: Recording Business Transactions
  5. Question
    The Normal Balance of the Common Shares Account Is a ________
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The Normal Balance of the Common Shares Account Is a ________

Question 45

Question 45

Multiple Choice

The normal balance of the Common Shares account is a ________ because it increases ________.


A) debit; assets
B) credit; shareholders' equity
C) credit; liabilities
D) debit; expenses

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