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Type: Multiple-Choice
Category: Accounting
Level: Continuing Education
Score: 4
Author: val3017
Last Modified: 3 months ago

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Accounting Question

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Continuing Education Accounting

Which of the following statements is true?
  1. to decrease a receivable, debit the account
  2. to decrease revenue, debit the account
  3. to increase owner's equity, debit the account
  4. to increase an expense account, credit the account
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