Accounting MCQs Accounting Mcqs
Q Which of the following statements is incorrect regarding capital account?
  • A A. Debit increases the capital account balance
  • B B. Credit increases the capital account balance
  • C C. Fresh capital increases the capital account balance
  • D D. Net income increases the capital account balance
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16 Jul
Volatile
(of a substance) easily evaporated at normal temperatures.
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