Which statement is false? a. Assets are increased by debits. c. Liabilities are decreased by debits. b.

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Which statement is false?

a. Assets are increased by debits.

c. Liabilities are decreased by debits.

b. Revenues are increased by credits.

d. Dividends are increased by credits.

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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