All of the following accounts are decreased by debits except:
A) liabilities
B) revenues
C) assets
D) contributed capital accounts
Correct Answer:
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Q9: Debit and credit mean which of the
Q10: Indicate the normal balance of the following
Q11: The entry to record a purchase of
Q12: Accountants use the term "credit" to refer
Q13: Debiting an account always means
A)entering an amount
Q15: Accountants use the term "debit" to refer
Q16: All of the following accounts are increased
Q17: Which of the following accounts are decreased
Q18: Place each of the following accounting elements
Q19: Which of the following terms is used
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