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In recording transactions Select one: a. Liabilities, revenue and share capital are credited for increases. b. The word debit means increase and the word credit

In recording transactions

Select one:

a.

Liabilities, revenue and share capital are credited for increases.

b.

The word "debit" means increase and the word "credit" means decrease.

c.

Assets, expenses and retained earnings are debited for increases.

d.

Assets, revenue and share capital are debited for decreases.

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