Q2-51. Which statement is false? a. Dividends are increased by credits. c. Revenues are increased by credits.

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Q2-51. Which statement is false?

a. Dividends are increased by credits.

c. Revenues are increased by credits.

b. Assets are increased by debits.

d. Liabilities are decreased by debits.

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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Question Posted: Jul 25, 2024 09:02 AM

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Q2-51. Which statement is false? a. Dividends are increased by credits. c. Revenues are increased by credits.

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Financial Accounting International Financial Reporting Standards Global Edition

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