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QUESTION 78 Debits increase asset and expense accounts. O True O False QUESTION 79 Credits always increase account balances. O True O False QUESTION 80

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QUESTION 78 Debits increase asset and expense accounts. O True O False QUESTION 79 Credits always increase account balances. O True O False QUESTION 80 An expense account normally has a credit balance. O True O False QUESTION 81 A revenue account normally has a debit balance. O True O False QUESTION 82 Asset accounts are decreased by debits. O True O False

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