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3. Which of the following statements is FALSE? A. A credit is used to increase all of the following accounts: Common Stock, Unearned Revenue, and

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3. Which of the following statements is FALSE? A. A credit is used to increase all of the following accounts: Common Stock, Unearned Revenue, and Notes Payable. B. Expenses are increased with a debit, and decrease retained earnings. C. Credit entries are used to decrease revenue accounts. D. An entry made on the right side of the T-account is called a credit. E. A debit is used to increase all of the following accounts: Cash, Accounts Receivable, and Rent Expense

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