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answer 3? Which of the following is true about a debit? I. It is part of the double-entry system used in accounting to process transactions.

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Which of the following is true about a "debit?" I. It is part of the double-entry system used in accounting to process transactions. II. It represents an increase to asset account balances. III. It represents a decrease to liability account balances. IV. It is on the right side of an account. Multiple Choice I, II, and III I. II, III, and IV

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