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Which TWO of the following statements are trae? A debit records an increase in liabilities A debit records a decrease in assets A credit records

Which TWO of the following statements are trae?
A debit records an increase in liabilities
A debit records a decrease in assets
A credit records an increase in liabilities
A credit records a decrease in expenses
A.1 and 2
B.3 and 4
C. I and 3
D.2 and 4
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