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17. Which of the following statements is incorrect? O A. The accounting equation must always remain in balance. B. Liability accounts are increased by debit

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17. Which of the following statements is incorrect? O A. The accounting equation must always remain in balance. B. Liability accounts are increased by debit entries and decreased by credit entries. C. Expense accounts normally have debit balances. D. Common Stock and Retained Earnings accounts are increased by credit entries and decreased by debit entries

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