Multiple Choice
In a ledger, debit entries cause:
A) Increases in equity, decreases in liabilities, and increases in assets.
B) Decreases in liabilities, increases in assets, and decreases in equity.
C) Decreases in assets, decreases in liabilities, and increases in equity.
D) Decreases in assets, increases in liabilities, and increases in equity.
Correct Answer:
Verified
Correct Answer:
Verified
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