MCQOPTIONS
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MCQOPTIONS
| 1. |
*/*_Which of the following statements is incorrect regarding capital account?? |
| A. | Debit increases the capital account balance |
| B. | Credit increases the capital account balance |
| C. | Fresh capital increases the capital account balance |
| D. | Net income increases the capital account balance |
| Answer» B. Credit increases the capital account balance | |