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Multiple choices 1.3 are credited to reflect a decrease. A Expenses and liabilities B Assets and expenses C Assets and income Income and liabilities Which

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1.3 are credited to reflect a decrease. A Expenses and liabilities B Assets and expenses C Assets and income Income and liabilities Which one of the following classification of accounts is correct? Aggets Liabilities A Vehicles Prepaid expenses 1 B Fixed deposit Accrued income Petty cash Loan D Bank overdraft Mortgage bond

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