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A Credit Entry to a Debit Account Will

Question 3

Multiple Choice

A credit entry to a debit account will:


A) Increase the debit balance on that account IE increase an asset or expense.
B) Reduce the debit balance on that account IE reduce the asset or expense.
C) Increase the credit balance on that account IE increase the liability, equity or income.
D) Reduce the credit balance on that account IE reduce the liability,equity or income.

Correct Answer:

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