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A credit entry: Multiple Choice Increases asset and expense accounts, and decreases liability, owner's capital, and revenue accounts. Is always a decrease in an account.
A credit entry:
Multiple Choice
Increases asset and expense accounts, and decreases liability, owner's capital, and revenue accounts.
Is always a decrease in an account.
Decreases asset and expense accounts, and increases liability, owner's capital, and revenue accounts.
Is recorded on the left side of a Taccount.
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