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Which of the following statement is TRUE?* 4 points -The right side of any T account is also known as the debit side. -If the
Which of the following statement is TRUE?*
4 points
-The right side of any T account is also known as the debit side.
-If the Trial Balance has equal debit and credit totals, sometimes it might also contained errors.
-Revenue, liabilities and capital are increased by debits.
-Expenses and liabilities account usually have debit balances.
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