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Double entry 2nd yr Test

Enter the letter for the matching Answer
incorrect
1.
assets increase on the ____ side and decrease on the ______ side
incorrect
2.
liabilities increase on the ___________ side and decrease on the _______ side
A.
Increase on the debit and decrease on the credit
B.
increase on the credit and decrease on the debit
Type the Answer that corresponds to the displayed Question.
incorrect
3.
Sales go on which side
incorrect
4.
Purchases go on which side

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Created by: Ms.OSullivan
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