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    Exam 4: Business Transactions
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    Which of the Following Rules Is Correct
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Which of the Following Rules Is Correct

Question 46

Question 46

Multiple Choice

Which of the following rules is correct?


A) Increases in assets are credits.
B) Increases in expenses are credits.
C) Increases in equity are credits.
D) Increases in liabilities are debits.

Correct Answer:

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