Business, 20.02.2020 03:33 stricklandashley43

Which of the following is true about a "credit"? I. It is part of the double-entry procedure that keeps the accounting equation in balance. II. It represents a decrease to assets. III. It represents an increase to liabilities. IV. It is on the right side of a T-account. I and II. IV only. I, II, and III. I, II, III, and IV.

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Which of the following is true about a "credit"? I. It is part of the double-entry procedure that ke...

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