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In a Ledger,debit Entries Cause

Question 37

Multiple Choice

In a ledger,debit entries cause:


A) Increases in owners' equity,decreases in liabilities,and increases in assets.
B) Decreases in liabilities,increases in assets,and decreases in owners' equity.
C) Decreases in assets,decreases in liabilities,and increases in owners' equity.
D) Decreases in assets,increases in liabilities,and increases in owners' equity.

Correct Answer:

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