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Question text _____ _____ credits increase the balance, while debits decrease the balance. Select one: a. Customers equity b. Property equity c. Liability equity d. Owner’s equity
Liability equity credits increase the balance, while debits decrease the balance.
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Expert answered|jeifunk|Points 8431|
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Asked 1/21/2013 10:28:06 AM
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A liability is defined as a company's legal financial debts or obligations that arise during the course of business operations.

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