Which of the following is not a possible journal entry?
A) Credit assets; Debit expenses.
B) Debit assets; Debit stockholders' equity.
C) Credit revenues; Debit assets.
D) Debit expenses; Credit liabilities.
Answer: B
A) Credit assets; Debit expenses.
B) Debit assets; Debit stockholders' equity.
C) Credit revenues; Debit assets.
D) Debit expenses; Credit liabilities.
Answer: B
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