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Which of these statements is TRUE? Decreases in assets and increases in revenues are recorded with a debit. Increases in liabilities and decreases in stockholders
Which of these statements is TRUE? Decreases in assets and increases in revenues are recorded with a debit. Increases in liabilities and decreases in stockholders equity are recorded with a credit. Increases in both assets and dividends are recorded with a credit. Decreases in liabilities and increases in expenses are recorded with a debit.
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