Which statement about the rules of debit and credit is true?
Question 12 options:
If c...
Which statement about the rules of debit and credit is true?
Question 12 options:
If cash is decreased with a debit, the normal balance is a debit.
If accounts payable is increased with a credit, the normal balance is a credit.
If accounts receivable is decreased with a credit, the normal balance is a credit.
If capital is increased with a debit, the normal balance is a debit.
Answers: 2
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