Question: A credit entry: Select one: a. Increases asset and expense accounts, and decreases liability, owner's capital, and revenue accounts. b. Is always a decrease in
A credit entry: Select one: a. Increases asset and expense accounts, and decreases liability, owner's capital, and revenue accounts. b. Is always a decrease in an account. c. Decreases asset and expense accounts, and increases liability, owner's capital, and revenue accounts. d. Is recorded on the left side of a T-account. e. Is always an increase in an account.
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