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  3. Study Set
    Financial Accounting Study Set 10
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    Exam 2: Transaction Analysis
  5. Question
    Which of the Following Is a Correct Statement
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Which of the Following Is a Correct Statement

Question 3

Question 3

Multiple Choice

Which of the following is a correct statement?


A) Revenues are decreased with a credit.
B) Expenses are increased with a credit.
C) Dividends are a negative equity account.
D) Dividends decrease net income.

Correct Answer:

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