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Liabilities decrease on the debit side-true or false

    Assignment Instructions

    Assignment ID: FG133009730

    Problem 1: The opening balance forAT&T account is taken from the balance sheet
    True or false

    Problem 2: all accounts increase on the same side
    True or false

    Problem 3: When the opening amount is set up in a T account is it is placed on the same side as it appears on the balance sheet
    True or false

    Problem 4: every item on the balance sheet is a separate account in the ledger
    True or false

    Problem 5: The left side of an account is called the debit side
    True or false

    Problem 6: Liabilities decrease on the debit side
    True or false

    Problem 7: A capital account usually has a debit balance
    True or false

    Problem 8: assets increase on the debit side
    True or false

    Problem 9: A trail balance is 112 for checking the accuracy of eight ledger

    true or false

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