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Home/My Courses/ ACCT701SUM192-STACKED-34631-SUMMER2019/ Module 7 | August 19 - 24/ Weekly Quiz 7Question Correct1Mark 1.00 out of1.00Question Correct2Mark 1.00 out of1.00Question Correct3Mark 1.00 out of1.00Started onMonday, August 19, 2019, 9:15 AMStateFinishedCompleted onMonday, August 19, 2019, 9:23 AMTime taken8 mins 8 secsMarks10.00/10.00Grade15.00out of 15.00 (100%)(T / F) Credits are entries on the left side of a T-account.Select one:TrueFalse Correct. Credits are entries on the right side of a T-account.(T / F) Credits decrease liability, stockholders' equity, and revenue accounts.(T / F) A journal contains a chronological record of the transactions of a business. "Journalizing" is theprocess of entering a transaction in a journal.