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please assist with answering QUESTION ONE MULTIPLE CHOICE QUESTIONS (20 1.1 When expense and asset accounts are increased, the A. expense account is debited and

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QUESTION ONE MULTIPLE CHOICE QUESTIONS (20 1.1 When expense and asset accounts are increased, the A. expense account is debited and the asset account is credited. B expense account is debited and the asset account is debited. C expense account is credited and the asset account is debited. D expense account is debited and the asset account is credited. 1.2 Which one of the following is not an example of a source document? A. Original credit sales invoice B Original credit purchases invoice C Duplicate receipt D Bank statement 1.3 An unfavorable bank balance is an example of a/an A. expense B current asset C non-current liability D current liability 1.4 The account of a debtor who is experiencing financial difficulty is written off. This is an of the application of the A matching principle B principle of consistency C prudence principle D principle of materiality 1.5 Which one of the following errors will be revealed by a trial balance? A. A balance from the general ledger was not entered in the trial balance. B. A balance of a debtors account in the Debtors Ledger was incorrectly calculated. C. A purchase of stationery was debited to the equipment account in error. D. Rent received from a tenant was posted to the credit side of interest income account in t ledger. 1.6 The following information was extracted from the records of Boyle Stores for May 2020

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