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  3. question 4 a debit would a. increase assets and de

QUESTION 4 A Debit would A. increase assets and decrease liabilities B. decrease both assets...

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QUESTION 4 A Debit would A. increase assets and decrease liabilities B. decrease both assets and liabilities OC. increase both assets and liabilities D. decrease assets and increase liabilities. QUESTIONS Al-Ahmad Corporation received a cash advance of $500 from a customer. As a result of this event A. Increase in equity by $500. OB. Both assets and equity increased by $500 OC. Assets will be debited by $500 O D. Liabilities will be debited by $500

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