Question: Statement 1 : If there are more debit amounts than credit amounts, the account will have a normal balance. Statement 2 : A debit entry
Statement : If there are more debit amounts than credit amounts, the account will have a normal balance.
Statement : A debit entry always increases the balance of an account.
Statement : Accounts that appear on the right side of the accounting equation usually have a credit balance
One statement is true
Two statements are true
All statements are true
All statements are false
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