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In the effect of the credit portion of an adjusting entry is to increase the balance of a liability account, which of the following statements
In the effect of the credit portion of an adjusting entry is to increase the balance of a liability account, which of the following statements describes the effect of the debit portion of the entry? a. Increase the balance of a revenue account. b. Increases the balance of an expensive account. c. Increases the balance of an asset account.
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