Which of the Following Statements Is False

question 3

Multiple Choice

Which of the following statements is false?

• A)If you increase an asset account,you may increase a liability account.
• B)If you increase an asset account,you may decrease an asset account.
• C)If you decrease an asset account,you may increase an owners' equity account.
• D)If you decrease an asset account,you may decrease an owners' equity account.
• E)If you increase an asset account,you may increase an owners' equity account.

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