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Which of the following statements is true? Select one: a. To increase a liability account, the account has to be credited. b. To increase an

Which of the following statements is true?

Select one:

a. To increase a liability account, the account has to be credited.

b. To increase an expense account, the account has to be credited.

c. A trade receivables account will usually show a credit balance.

d. If the trial balance totals agree, this means that all transactions have been recorded.

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