Describe how debits and credits affect assets, liabilities, and permanent owners' equity accounts.

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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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Question Posted: Jan 17, 2014 09:25 AM

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Describe how debits and credits affect assets, liabilities, and permanent owners' equity accounts.

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Assets are increased by debits and decreased by credits ...View the full answer

Intermediate Accounting

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