Question 16

Which of the following is not correct?

  • A.increases in asset accounts are entered on the debit side
  • B.decreases in assets accounts are entered on the credit side
  • C.increases in liability accounts are entered on the credit side
  • D.decreases in liability accounts are entered on the credit side
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2001
Question no.
#16
Type
Objective

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