MCQOPTIONS
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| 1. |
If an individual asset is increased, there will be a corresponding |
| A. | Increase of another asset or increase of capital |
| B. | Decrease of another asset or increase of liabilty |
| C. | Decrease of specific liability or decrease of capital |
| D. | Increase of drawings and liability |
| Answer» C. Decrease of specific liability or decrease of capital | |