Question: Debits: LO9 (a) increase both assets and liabilities. (b) decrease both assets and liabilities. (c) increase assets and decrease liabilities. (d) decrease assets and increase

Debits: LO9

(a) increase both assets and liabilities.

(b) decrease both assets and liabilities.

(c) increase assets and decrease liabilities.

(d) decrease assets and increase liabilities.

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