In a Ledger, Debit Entries Cause

question 46

Multiple Choice

In a ledger, debit entries cause:

• A) Increases in equity, decreases in liabilities, and increases in assets.
• B) Decreases in liabilities, increases in assets, and decreases in equity.
• C) Decreases in assets, decreases in liabilities, and increases in equity.
• D) Decreases in assets, increases in liabilities, and increases in equity.

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